A statistic given to me was that most players only last 4 years in MLB. Only a few (in comparison to the numbers that play) really play for an extended period of time.
One can accumulate a nice nest egg, but statistics also show that most spend a lot while they are making it.
I do not know of too many professions that one can do without any type of training. When filling out a job application, keep in mind that there are hundreds of others doing the same thing.
To move forward in baseball you have to be different, there are lots of guys out there that hit for average and lots of guys who throw hard and get people out. To play beyond HS you have to show them that your stuff is different or that you are mentally, physically capable of earning a spot on a college roster or a milb or ML roster.
Competing for any other job is IMO essentially the same thing.
We always talk about the scenario if you have two players which one would you sign.
If you had a perspective employee with a degree verses one who doesn't who are you going to choose?
Don't ever let anyone make you think that education beyond HS is not important, because it is. Maybe it wasn't back "then" but it certainly is now.
Employers are preferring employees with master degrees over 4 year degrees, so tell me how a guy who only played bb for a few years in the minors (as most don't get further) is going to compete in this economy (unless he comes from a family with resources or marries into one) with no training or education?
One more thing, the younger generation of today wants to make lots of money, very few that I know of are willing to settle for mediocrity.
Funny thing is that you would be amazed how many college/pro bb players really do have serious career interests other than bb.