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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.In the same year, the college also ended participation in intercollegiate sports.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.
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.officially became the school's second president in 1947 just before the college moved to Greenville, South Carolina, and became Bob Jones University.In Greenville, the university more than doubled in size within two years and started its own radio station, film department, and art gallery—the latter of which eventually became one of the largest collections of religious art in the Western Hemisphere.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.