Those folks (especially students and their parents) wondering whether a college education is worth it in today’s economy can take heart from this recent report from the Pew Research Center showing that, for the last two decades, college grads have seen their incomes rise. Those without a college degree saw their incomes fall.

For the first time on record, according to data released by the US Census Bureau, households headed by someone with at least a bachelor’s degree received nearly a majority (49.7%) of aggregate US household income—nearly one out of every two dollars went to the college educated. In 2012 one third of those households was college educated. In 1991 (the earliest year comparable figures are available) college-educated households received 37% of the nation’s aggregate income. In 1991 about one-quarter of households (23%) were college educated.