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Academy of Art University Selects R&B Solutions to Provide Default Management Services.

Next$tep [R] Program Offered to Students and Alumni

WAUKEGAN, Ill. & SAN FRANCISCO -- R&B Solutions was recently selected to provide default management services for Academy of Art University. The R&B Solutions Program is designed to provide assistance to Academy of Art University students in the repayment of their student loans.

Academy of Art University (AAU) administrators recognize the need and benefits of an effective default management program. The University selected R&B Solutions to provide default management services for AAU students. R&B has been a leader in the student loan industry for over 20 years and has assisted over 700,000 student loan borrowers, preventing approximately $7 billion from defaulting.

R&B Solutions and Academy of Art University understand that the reduction of borrowers entering delinquency on their student loans must be a focal point for schools to maintain eligibility for government funds and scholarships. R&B's successful and innovative outreach services will help AAU students attain related financial goals and guide them to vital information on available student loan repayment options.

Dennis A. Brebner, CEO of R&B Solutions, points out the business collaboration with AAU confirms the university's ongoing commitment to take an active role in student financial literacy training and default prevention management. He described Next$tep [R] asa "free, comprehensive program for student loan management offered to AAU students and alumni by R&B Solutions and sponsored by the Academy of Art University." Mr. Brebner said, "Next$tep [R] provides a full range of services and resources to include student loan repayment counseling, exit interviews, online chat support, and assistance for students who leave school before graduating."

About R&B Solutions: (

R&B Solutions specializes in Student Success Services with a specific focus on eliminating student loan defaults. Since 1992, R&B has been partnering with guaranty agencies, schools, and lenders to lower school cohort rates, improve student retention and prepare borrowers for successful student loan repayment. R&B was awarded the first outsource contract in the Student Loan Industry to perform Default Aversion services in 1999 and has focused on this activity in addition to Default Prevention and Financial Literacy Services. R&B Solutions is a professional, service-orientated firm and their philosophy and management techniques make no allowance for anything less than a maximum application of resources and ability.

For additional information on R&B Solutions Student Success Services, call us today at (855) 478-6457 Ext. 8533 or visit our website at

About Academy of Art University: (

The Academy of Art University, a for-profit university owned by the Stephens Institute, was founded in San Francisco, California in 1929 by Richard S. Stephens. Since 1929, Academy of Art University has guided students to professional creative futures and transformed them into professionals with accredited degrees in 18 areas of art and design. With an enrollment of over 17,000 students, the academy is reportedly the largest art and design school in the United States. The Academy of Art University offers education programs designed to stimulate development of critical thinking, and communications skills. Faculty encourages emerging artists to draw upon a variety of disciplines to look at issues from multiple perspectives and to cultivate their ability to function as educated global citizens. Instructors at the art school guide students to develop their individual style and prepare them to do what they love for a living.

For general questions regarding the Academy of Art University call 1 800-544-2787 (Arts) or visit
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Publication:Business Wire
Geographic Code:1U3IL
Date:Jul 28, 2011
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