This time, let's begin with the video. Although I prefer the David Crowder Band's musical arrangement of this hymn (which you can find on YouTube after you read this post), I chose this video to help you focus on Robert Robinson's lyrics:
During my prayer time with John yesterday morning, Robinson's third stanza started running through my head. "Oh to grace, how great a debtor/ Daily I'm constrained to be!" Whenever I sing this hymn, I think about my debt to God's grace. I remember being 17, reading 1 Corinthians 13:4-7 and Matthew 5:8, and feeling horrified by my total selfishness. I knew, just reading those two Scriptures, that I deserved eternal hell for not achieving God's standard. And, 40 years later, I still remember the great relief--the overwhelming relief, really--of hearing that Jesus died for my sin! Indeed, I'm a debtor to His grace.
Most debts, particularly debts that can't be repaid, wear on our emotions. But the more I think about my debt to Jesus Christ, and realize my complete inability to repay Him, the more I rejoice that He actually chose to pay my debt to His Father. Because of His grace, I know His love now, and I will know His fullness when I step into eternity! And, to be honest, I'm glad to have this debt!