So after some more looking, it turns out that work will only pay for the schooling if you stay employed there for a few more years. Makes sense. They will reimburse you for 90% of your schooling, up to $7500, but if you leave within a year, you pay back all of it. If you leave within 2 or 3 years, you pay back half. Not terrible, really.
Looks like it may not happen anyway. The wife has been thinking about it quite a lot and decided she likes where we are now in our lives. I can't say I disagree. We've got a house and I've got a job with a decent wage and good benefits. We've also got a 1 1/2 year old to think about (plus a combined eight years of school debt already).
On the other hand, the people that own the pharmacy at which she is employed are looking to retire soon, which would be a perfect opportunity for us. However, she is concerned about this as well and for a variety of reasons. They may want to retire before I would get my degree (estimated 6 years from now), we may decide we don't want to move back and she doesn't want to tell them we'll buy it then back out, and she's worried that with all of our debt we may not be able to get the loan we would need to buy the business.
I think we may talk to our parents about the whole thing and see if we can get some wisdom out of them. In the meantime, I guess I'll just study. If nothing else, I may learn something.

michaellasalle