Financially stable, but now I feel really screwed after learning of wife's loans
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I see it a little differently. Your wife is causing you a lot of heartache and headache, but let's forget about her for the moment. If you are going to take care of yourself with or without her, you need to make more money... a LOT more.
You have an MBA, but you are thinking of taking on extra work at $10 an hour. How about $30 an hour for basic accounting? I bill at $350 an hour. I am probably not that much more skilled than you, but I have gray hair, a lifetime of connections, and a reputation for adding value. That is what you have to build. If you don't think you're worth more than $10 an hour, or $70K in New York for a full time job, maybe your employers also don't think you can bring in clients or do work that solves their problems, so they are treating you as free labor. You need to build your skills, confidence, connections, and business reputation.
Temporary? I think it will take many, many years to pay that off. By the time they paid it off 10-30 years down the road, others have paid their house off.
I do not understand how people can sleep at night, knowing they accumulated so much debt.
$270,000 is a year's pay for two pharmacists. After taxes it's maybe a year and a half's pay. What else can you invest in that earns a 100% return every year and a half?
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