Inspired by Catherine Ryan Hyde in her book of the same title (2000), the expression “Pay It Forward” describes the concept of a third party beneficiary in which a creditor offers the debtor the option to “repay” the debt by forwarding the payments to a third person instead of repaying the original creditor. Debt and payments can be monetary or can also be paid as good deeds (Wikipedia). Essentially, “Pay It Forward” is a self-perpetuating endowment that can be transferred to succeeding generations of IPL attendees.

For example, if someone helps you, instead of repaying those who helped you, you repay the debt by helping 3 other people. Similarly, these 3 people help other 9 people, then 9 to 27, etc. Perpetuating these good deeds will spread to many people and eventually to the entire society.

We hope that “Pay It Forward” will become a beautiful spiritual tradition of all IPL students. At present, the costs for their training are sponsored by current successful entrepreneurs. Then, after graduating from IPL and becoming successful entrepreneurs, IPL graduates are expected to “Pay It Forward” by sponsoring a future generation of students (with their own finance and/or with the finance they obtain from other sponsoring resources). The older assist the younger... the former generations support the succeeding generations. This is the spiritual tradition IPL expects to instill in future generations of students as well as the entire society.

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