Can you Imagine Paying Off Your Student Loans Today?

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If you cannot, below is the Foreword to my latest book Student Loan Exit Plan that will help you do exactly that.


Imagine it’s your college graduation day. Your friends and family are in the audience. You’re so happy you are almost levitating above your seat. This was not high school, where someone woke you every day and made sure you did your homework. This was college, where you woke yourself up and decided to complete your assignments. Every day was not pretty, and all classes weren’t fun, but you did it.

Or you decided later in life, you wanted more and went back to school as an adult. With all the adult responsibilities—maybe a spouse, a child, an elderly parent—you still got your butt back in school and now it is graduation day. You finished.

Now, imagine you are debt free. Even if you’re not, you can imagine you are and remember Einstein said, “Imagination is more important than fact.”

A lot of today’s student loan debt in fact comes from a lack of or the wrong kind of imagining. Many debtors imagine themselves hopelessly in debt, while others imagine they can defer payments indefinitely, and others imagine somehow their debt will be magically forgiven. The result of these three imaginings is burgeoning debt, decreasing net worth, and the emergence of the working-class poor.

How the Student Loan Exit Plan was Born.

I was in Broward County, Florida, giving a presentation, on personal money management, explaining the powerful effect of your mindset about money. I was explaining how giving and saving as little as a dollar-a-day could change your financial future. Michelle, a medical school student, raised hand and when I called her said, “But I have $240,000 in student loan debt.” Fiddlesticks me, I thought—actually that’s not the word I thought, but in case kids are is reading this, that’s the word I will go with. I did not know what she should do, but that statement lit a fire in me to learn what someone in her situation could do.
From there, I learned about half the people I was speaking to had student loan debt ranging from $6,500 to her staggering $240,000. Yikes! For them my dollar-a-day message sounded like someone giving a person dying of thirst an eye- dropper full of water and saying it’s going to be alright.

Michelle’s question was the flashpoint that launched me on a quest to understand the breadth and scope of student loan debt in America. After speaking with hundreds of families who either did or did not use student loans to finance their educations, I arrived at two conclusions. First, a student loan is a mortgage on the student’s future and should only be used with proper advice and a payoff plan. Second, whether you are managing a dollar-a-day or a thousand-dollars-a-day, your mindset towards money can make you or break you. Consequently, the Student Loan Exit Plan was founded with a focus on guiding people with student loans from loaning their futures to owning their futures. My heart’s desire is that the ideas in this book will be plans to prosper you, not to harm you, plans to give you hope and a future.
What is the Student Loan Exit Plan?

The Student Loan Exit Plan is a multi-step approach for people who are either heading to college and plan to take out loans; are in college and already have loans; or have graduated or dropped out of college and have to pay back loans.
The plan provides online or in person; one-on-one or group coaching that covers:
• Loan Disclosures Explained
• Real Time, Real Money Payback Plans
• Borrower / Lender Collaboration
• Parent—Faculty—Student—Lender Cohorts
• Partnerships with Other Organizations
• Accountability Partners

You can learn more about us at or contact us at


Student Loans: Do you know how much you owe?

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The percentage of students who take loans in America is staggering. What is even more alarming is the percentage of those with student loans, so does the burden on students to pay them. This then leads to a never-ending cycle of debts. According to Forbes, in 2019, student loan debt is the highest it has ever been. It does not stop at that. It is reported to be the second-highest consumer debt category. This means that it is way ahead of debts due to credit cards and even auto loans.

Interestingly, this situation cuts across all age groups and demographics. A 2018 study conducted by the Federal Reserve Bank of New York found that more than 44.7 million Americans have student loan debts. Although it is safe to say that the bulk of these Americans  are young people, NBC News reports that there is another age group whose percentage is just as high as that of the young people. They are the geriatrics, adults aged 60 and above. How could this be? For some, it is the debts of their student loans that they are yet to pay up. For others, it is the debts they had to take on for either their children or grandchildren. These reasons and more are why there is a student loan debt accruing to about $1.6 trillion in America in 2019.

If you are one of these students in debt, we are going to guide you from loaning your future to owning your future.


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In my free ONE-PAGE / ONE-YEAR PLAN for personal money management, I underscore the importance of giving money to a person or cause at least once a week.

The Wounded Warriors Project’s mission is to help veterans and service members who incurred a physical or mental injury, illness, or wound while serving in the military on or after September 11, 2001. If you have not already given at least $7.00 this week to someone or something you care about, I believe that money donated here  is a good gift for a good cause. See you next week! 

#giveandsave365 #thegiveandsaveguy #easymoneymanagement #goodmoneygifts #woundedwarriorproject


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GOOD MONEY WORD WEEK 18—LOVE…a feeling of great interest, affection, or enthusiasm for something. One of the core values of my plan is love. By giving money to others you demonstrate your love for helping them, by saving money you demonstrate your love for helping yourself; because “…where your treasure is, there your heart will be also.” See you next week!

#giveandsave365 #thegiveandsaveguy #easymoneymanagement #goodmoneywords


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WOMEN IN DISTRESS, of Broward County, Jim and Jan Moran Family Center, in honor of M.G. Their mission is to stop domestic violence abuse for everyone through intervention, education and advocacy. If you have not already given at least $7.00 this week to someone or something you care about, I believe that money donated here is a good gift for a good cause. See you next week!

#giveandsave365 #thegiveandsaveguy #easymoneymanagement #goodmoneygifts #womenindistressofbrowardcounty


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JDRF, South Florida Chapter in honor of K.R. and A.B. The Juvenile Diabetes Relief Foundation is the leading global organization funding type 1 diabetes (T1D) research. Their strength lies in their exclusive focus and singular influence on the worldwide effort to end T1D.. Type 1 diabetes (T1D) is an autoimmune disease in which insulin-producing beta cells in the pancreas are mistakenly destroyed by the body’s immune system. If you have not already given at least $7.00 this week to someone or something you care about, I believe that money donated here  is a good gift for a good cause. See you next week!


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FAITH…strong belief or trust in someone or something. My program is faith based and without a strong belief or trust that it will work for you, it will most likely not work for you. To quote Henry Ford, “Whether you think you can or you think you can’t you’re right.” Believe you can do good things with and learn good things about your money and you will. #giveandsave365 #thegiveandsaveguy #easymoneymanagement #goodmoneywords #faith


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Robert “Bobby” Parker was a Director of the Miami-Dade Police Department from 2004 to 2009. On Saturday, July 21, 2018, State Road 7 between Northwest 155th Lane and 151st Street (Miami-Dade County) was co-designated as Robert “Bobby” L. Parker, Sr., Memorial Highway. I had the honor of working for and serving with Director Parker at different times in our careers; he was a man among men and I miss him. The Robert Parker Foundation was established to promote education and provide scholarship opportunities. If you have not already given at least $7.00 this week to someone or something you care about, I believe that money donated here is is a good gift for a good cause. See you next week!

#giveandsave365 #thegiveandsaveguy  #goodmoneygift #robertparkerfoundation


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GOOD MONEY WORD WEEK 15—NET WORTH… the excess of the value of assets over liabilities. When it comes to owning a home, the net worth is the value of the home minus what is owed on the mortgage. If you home is worth $100,000, but you owe $150,000 on it, you have a net worth of -$50,000. If you home is worth $100,000, but you owe $50,000 you have a positive net worth of $50,000. The difference is critical if the home is damaged sold or the market values go down as they did in 2008.

#giveandsave365 #thegiveandsaveguy #goodmoneywords #homeownership #networth #asset #liability


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Friends of the Broward County African American Research Library and Cultural Center (formerly Friends of the Von D. Mizell Library) is an organization whose membership is the lifeblood of library support. Within the scope of its mission, the Friends advocate for library services and provides resources to support library programs. If you have not already given at least $7.00 this week to someone or something you care about, I believe that money donated to is a good gift for a good cause. See you next week!