Many players will take classes in the off-season. Hopefully this won't happen. But if he blows his arm out in 4 years, he could theoretically be half way to a bachelor's degree simply by taking classes from late September through January.
It is common for baseball teams to offer full tuition to their high school draftees (I'm not sure if it's all draftees or just ones from certain rounds). But my understanding is that if Scott Gruler became bored from baseball in a couple years, and decided to retire, the Reds would be on the hook for 100% of the expense for him to go out and get a bachelor's degree... whether that degree is at an in-state school or Harvard.
Anyone know more about this?
How, then, are those people of the future—who are taking steroids every day—going to look back on baseball players who used steroids? They're going to look back on them as pioneers. They're going to look back at it and say "So what?" - Bill James, Cooperstown and the 'Roids