Render HTML from CDATA using Javascript/jQuery

Question

One of the nodes of my XML file has HTML within a CDATA tag. I need to get the HTML out and render it on my page.

<student>
    <student_id>
        Tijuana
    </student_id>
    <student_classes>
        <![CDATA[
            <ul>
                <li>class 1</li>
                <li>class 2</li>
            </ul>
        ]]>
    </student_classes>
</student>

If I try to get the node text, it removes all the HTML and just gives me plain text.

$.ajax({
    type: "GET",
    url: "students.xml",
    dataType: "xml",
    success: xmlParser
});

function xmlParser(xml) {
    //Returns a string like "class 1 class 2"
    var blah = $(xml).find('student_classes').text()); 
}

What I need is to get the HTML inside of the CDATA tag so I can actually use it on my page. How can I do this? Using Javascript or jQuery. Here is what I need from the student_classes node:

<ul>
    <li>class 1</li>
    <li>class 2</li>
</ul>