In December 2011, in response to accusations of mishandling of student reports of sexual abuse (most of which had occurred in their home churches when the students were minors) and a concurrent reporting issue at a church pastored by a university board member, Released in December 2014, the GRACE report suggested that BJU had discouraged students from reporting past sexual abuse, and though the University declined to implement many of the report's recommendations, President Steve Pettit formally apologized "to those who felt they did not receive from us genuine love, compassion, understanding, and support after suffering sexual abuse or assault." It is common for retiring professors to have served the university for thirty, forty, and even occasionally, fifty years, a circumstance that has contributed to the stability and conservatism of an institution of higher learning that has virtually no endowment and at which faculty salaries are "sacrificial".Many of these students go on to a seminary after completing their undergraduate degree.Nevertheless, Jones's move to Cleveland proved extraordinarily advantageous.Bankrupt at the nadir of the Depression, without a home, and with barely enough money to move its library and office furniture, the college became in thirteen years the largest liberal arts college in Tennessee.With the enactment of GI Bill at the end of World War II, the college was virtually forced to find a new location and build a new campus.Though he had served as Acting President as early as 1934, Jones' son, Bob Jones, Jr.Jones said that although he had been averse to naming the school after himself, his friends overcame his reluctance "with the argument that the school would be called by that name because of my connection with it, and to attempt to give it any other name would confuse the people." Bob Jones took no salary from the college and helped support the school with personal savings and income from his evangelistic campaigns. The Florida land boom had peaked in 1925, and a hurricane in September 1926 further reduced land values. Bob Jones College barely survived bankruptcy and its move to Cleveland, Tennessee in 1933.
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It has approximately 2,800 students, and it is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) and the Transnational Association of Christian Colleges and Schools.