Courage is the price that Life exacts for granting peace.
Earhart presents courage and peace as closely connected. The line suggests that peace of mind is not necessarily achieved by avoiding danger, uncertainty or difficult choices. Instead, a person may need to confront what they fear before reaching a sense of calm or resolution. Courage is described as a “price”, implying that such peace requires effort and cannot simply be obtained without personal cost.
The statement also treats courage as a quality of character rather than the absence of fear. In this reading, uncertainty remains part of life, but acting despite it can prevent fear from determining one’s choices. The quote therefore expresses a broader idea about self-command: accepting risk or discomfort may be necessary when pursuing something considered worthwhile. Its emphasis is less on physical bravery alone than on the relationship between decisive action, fear and an eventual sense of inner peace.