#total core

Wait. What are we looking at here?

The blue line is the complete “core revenue” -- the income -- that Bob Jones University has reported to IPEDS since 2010. That’s the earliest data we have.

The orange line is the complete “core expenses” -- the cost -- that Bob Jones University has reported to IPEDS since 2010.

That blue line is revealing. What happened? 2014 was a decrease in $2.5 million but then a huge rise of $5 million.

That’s right! They sold all that property -- like the University Place Apartments over there on Batesview.

WutBJU has been keeping track of all these sales over these last few years.

In December 2013, the administration told the Board it needed to sell properties not connected to the campus. Specifically these:

In the year presented there in the IPEDS data, Bob Jones University sold those properties for a total of: 

So that’s the reason for the spike in revenue of $5million. They sold $7million of property. 

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