From Fox News:
A second reason for the birth rate decline in the Hispanic community is that Latinas have been enrolling in college in higher numbers, with a subsequent increase in affluence that typically translates into lower birth rates. β€œThe education levels [of Latinas] have gone up notably,” said Professor Frank Bean, a director for the Center for Research on Immigration, Population and Public Policy University of California, Irvine. β€œAnd earning levels have gone up notably, more so than in the case of males,” he added.

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