<P>There were almost 724,000 babies born in England and Wales in 2011, up from 595,000 in 2001. This is a staggering increase. Except that if we go back a further 10 years, to 1991, the number was around 700,000. The birthrate fell for 10 years, and then for the next 10 climbed back up, and beyond.</P>
<P>That large 1991 cohort was last year's university graduating class. Since then, we have been experiencing a gradual fall in the number of 18-year-olds in the UK
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