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.
In 2008, the university estimated the number of its graduates at 35,000; in 2017, 40,184.
engaged in a controversy about the propriety of theological conservatives cooperating with theological liberals to support evangelistic campaigns, a controversy that widened an already growing rift between separatist fundamentalists and other evangelicals.
Negative publicity caused by the dispute precipitated a decline in BJU enrollment of about 10% in the years 1956–59, and seven members of the university board (of about a hundred) also resigned in support of Graham, including Graham himself and two of his staff members.
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.
In the same year, the college also ended participation in intercollegiate sports.Children of church members were attending college, only to reject the faith of their parents.Jones later recalled that in 1924, his friend William Jennings Bryan had leaned over to him at a Bible conference service in Winona Lake, Indiana, and said, "If schools and colleges do not quit teaching evolution as a fact, we are going to become a nation of atheists." While he himself was not a college graduate, Jones grew determined to found a college, and on September 12, 1927, he opened Bob Jones College in Panama City, with 88 students.However, there is a problem where interest rates could go up and may cause a sudden recession.This happens when economies are weaker than thought, and the rates are raised.
While recessions are normal and routine macroeconomic events, they are catastrophic to individuals.