Each of you have been a tremendous help. Thank you so much. @NTAC321 as to your question, I'm in my very first semester. Hebrew Bible didn't emerge as an interest until after my M. Div., unfortunately.
From your collective advice, it would seem most wise to transfer to another university (one that has more renown than SWBTS). I'm taking a look at TCU and Baylor; my wife is a nurse in the area, so her 2-year contract keeps us around the DFW area until Spring 2020.
Dmueller, you have a good point with schools outside of the nation. I've always been firm in paying little to nothing for my degrees (if possible), and accumulating thousands in debt for a humanities degree would likely take a lifetime to pay off.
Turktheman, thank you for your suggestions. It looks like Vandy only gives around 30% funding, which would be tough to maintain. I haven't explored the NZ or South African schools, so I'll be sure to take a look there. Canada looks like U-Toronto or bust in terms of HB, so I'll be applying there either for ThM or PhD.
At this point, it may be too late for me to transfer at semester, so I might have to wait the year out to gather recs and writing samples. Not what I would prefer, but I could say the same about this whole situation. Another quick question: any preference of Brite or Baylor in terms of HB/OT studies? I haven't had much time to research supervisors, but that will be a priority. Also, would you recommend any higher-tier ThM/MA programs that I could start online?
Again, your responses have been thoughtful and invaluable. This community is pretty incredible.