Learning Premiere and Photoshop is SOOO painful, please help...

Question

I am a student who needs to take a school DVD and take pictures from it.  I need to type, "what is this?" on the picture and save it.  I need to type "It's a suchandsuch" and save it.  So now I have two pictures.  One with the question, and one with the question AND answer.  I thought Premiere and Photoshop Elements were going to make my life sooo easy!!
I downloaded versions 9 (because you can't download 10, yet) on Sunday and realized it would do what I needed -although getting a picture out of Premiere 9 was ridiculously convoluted.  I purchased the combo pack of versions 10 and played around with it long enough to realize they fixed the picture export problem and it was going to work well.  I exported a picture from Premiere to Photoshop.  I added text to it and got it the way I wanted.  Then I saved it.  Then I added the second line of text to it and saved it.  Everything was rosy.  All this functionality was over on the right side of the screen under the "edit" tab.  I also noticed an option to save a text "style" or "format" or something along those lines so I could re-use it on the 100 pictures I will be editing.
Then I installed the "content pack" -all 2.45GB while I was doing something else.  Now when I'm in Photoshop I don't have the same options under the "Edit" tab on the right.  The text options are at the top of the screen and don't include a way to save a text "style".  Perhaps it is called something other than style in Photoshop??  It's a new "language" to me...  When I google "how do I reuse a text style in photoshop" in Google I get some crazy save a "shape" business, and a work-around from 2005 is number 4 in the Google search list.  This is amazing to me.  Of course I tried this because the help section was useless within Photoshop.
I get that this may all revolve around me not speaking the right "language" so I am unable to communicate to the Adobe "Help" gods what I am trying to accomplish.
The next thing I am going to attempt to accomplish is importing all the pictures I make in Photoshop back into Premiere and have them play as a movie with a 3 second pause on each picture.  It seems logical and easy enough...  Fingers crossed...
I also understand the Adobe tools may be overkill for what I am trying to accomplish, but NOBODY has anything good to say about Roxio or Nero video editing products in the $100 range, and everyone raves about Adobe.  As a student the combo was $118 so it seemed like an opportunity to learn something new.  I'm a former I.T. person who tried to use Photoshop about 10 years ago, but I just didn't "get it".  I was not able to think like an artist or someone who grew up on Photoshop so I finally just abandoned it and used Irfanview for all my simpleton photo edits for the last 10 years.  I am now reminded of why I gave up on the products way back when, but I am hoping I am older, wiser, and more patient -and that someone here will help me.
Will a human please help me out?
Thank you VERY much!!

Answer 1

Serenity now!!
Thank you again.  I get that you can put as many text layers as you want, but what I couldn't get is how to take that layer from one image and put it on a second image.
I finally got it to do what I wanted by right clicking the text layer in the layer pallet and left clicking "duplicate layer" then it asks me for a destination and allows me to select the 2nd image!!  It would be so much easier if I could drag the layer to a different image or even right click the layer, left click "copy, then right click a new image and left click "paste".
Thank you so much for all your help.  I never did figure out how to do it the "Microsoft" way (saving a text style and applying it to new text), but it looks like it will work so I can move forward.  These DVD's take hours to watch so I thought I could save time by taking pictures of the important parts, but I've spent hours so far trying to get to that point!  It's a long semester so hopefully it will pay off!
It amazes me that this is so tedious.  I have to:
Export an image from Premiere as a .BMP
Open the .BMP in Photoshop
Save the .BMP as a .PSD
Duplicate a layer (that includes my text style) from a different .PSD to the new .PSD
Change the characters in the text to what I want it to say in this image
In my simpleton view I should be able to:
Export an image from Premiere as a .PSD
Click the "Text" tool and click the document
Type the characters I want
Click "My Custom Text Format" button that formats the text to a style I previously saved
Or even:
Export an image from Premiere as a .PSD
Right click a text layer from a different .PSD and left click copy
Righ click in my new .PSD and left click "paste"
Change the characters in the text to what I want it to say in this image
I've got a long way to go!!  Layers.  Hmm.  I wouldn't have thought, but I suppose it makes sense.
Thanks again,
Bryan