between doing very well
for yourself and your family
or doing good for the world,
to the brightest minds
coming out of our best universities,
and sends tens of thousands of people
who could make a huge difference
in the nonprofit sector,
marching every year
directly into the for-profit sector
because they're not willing to make
that kind of lifelong economic sacrifice.
Businessweek did a survey,
looked at the compensation packages
for MBAs 10 years out of business school.
And the median compensation
for a Stanford MBA,
with bonus, at the age of 38,
was 400,000 dollars.
Meanwhile, for the same year,
the average salary
for the CEO of a $5 million-plus
medical charity in the U.S.
was 232,000 dollars,
and for a hunger charity, 84,000 dollars.
Now, there's no way you're
going to get a lot of people
with $400,000 talent to make
a $316,000 sacrifice every year
to become the CEO of a hunger charity.
Some people say, "Well, that's just
because those MBA types are greedy."
Not necessarily. They might be smart.
It's cheaper for that person to donate
100,000 dollars every year
to the hunger charity;