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Dr. Venessa Marie Perry

I’m $237,000 richer…

Published 8 months ago • 2 min read

Health Resources Solutions

Management. Expertise. Solutions.

Hey Reader!

Did I get your attention? Good!

This past week, I’ve been recovering from the shock of finding out I had $237K in student loan debt wiped out. Not only did I receive my debt forgiven, but so did my partner, my bestie, and several other friends. That’s almost $1M in student loan debt alone.

A year ago, in response to the opposition to the proposed Biden student loan forgiveness program, I posted on LinkedIn that my student loan payment was more than my mortgage.

Here’s the original post.

Ironically, it was that post that went viral and started me on my LinkedIn journey.

Student loan debt is an equity issue, and unfortunately, Black and Brown people have the most debt of all groups. As we drill down on the data, Black women have the lion's share of the debt because we are the most educated. Debt like that can be crippling and will prevent most people from being able to buy a home or live comfortably due to the debt-to-income ratio.

A few days later, I listened to the White House briefing by the Undersecretary of Education, where he told us that to date, they had forgiven $1B in student loans with more on the way. They also rolled out a new Income-Driven Payment Plan (IDR) called the SAVE program, designed to lower payments to no more than 10% of income, forgiveness for borrowers with a certain income and no interest. The plan is based on income and family size.

If you want more information on the SAVE program, go here https://studentaid.gov/announcements-events/save-plan

To have that amount of debt wiped out is life-changing. I’m still smiling from ear to ear.

After a successful launch of the R.I.C.H. Executive Leadership Experience last month, we’re running the same workshop on 9/20 because so many people wanted to attend, but summer plans interfered. Early bird registration ends 9/8, and there are only a few seats at the reduced price. So get your ticket now!

The next workshop is October 25, 2023. Save the date because a new topic will be discussed. If you’d like to suggest topics, feel free to reply to this email.

Enjoy these last days of summer!

See you soon!

Dr. Venessa

CEO

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Dr. Venessa Marie Perry

Psychologist|Executive Coach|Strategist|Author

Hello! My name is Dr. Venessa Perry! I'm the CEO of Health Resources Solutions dba The Perry Group. We provide organizational development, leadership development, racial equity, diversity, & inclusion, research, and evaluation services to companies that want to change their corporate culture. As an executive coach, I help smart, successful, high-achieving women go from frustrated and unfulfilled to healthy, happy, and whole in their careers, love, and life using my signature R.I.C.H. framework. Check out my newsletter, where my random musings, tips, and resources on racial equity, leadership, and personal development strategies enrich, educate and transform your life.

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