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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.In 2004, the university began the process of joining the Transnational Association of Christian Colleges and Schools. 574), the university chose to maintain its interracial dating policy and pay a million dollars in back taxes.Candidate status—effectively, accreditation—was obtained in April 2005, and full membership in the Association was conferred in November 2006. After BJU lost the decision in Bob Jones University v. The year following the Court decision, contributions to the university declined by 13 percent.
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, Florida, with 88 students.