[ssylee]

Your wife totally sounds like the story of Michael Ellsberg (www.ellsberg.com), while yours is similar to Joe Mihalic (www.nomoreharvarddebt.com).

What's your income situation right now? You can try to negotiate the interest rates down to minimize your monthly payments. Once you are able to handle the payments and workload with ease, I strongly suggest to start with freelancing on the side. Most successful entrepreneurs I know start off with consulting and freelancing before productizing their services or physical products.