Did you know about this? Well I didn't! Apparently Unity isn't done surprising me with it's ease of use! I finally learned what the Rich Text check box does and boy does it make my life easier. Here I was about to code up a system similar to HTML's text modifiers and as I'm googling to see if someone else has already invented that wheel I stumble across this! Unity had that stuff in it all along! Just add "<b>words here</b>" or something similar for fantastic results!
Now I can highlight words mid-sentence with no trouble! I'm not even limited to certain colors or sizes either. It basically works like HTML. I can probably do varied word sizes too which would allow me to fill the text box with screams of "NOOO!!!" if I want to. All this stuff is really great and further proves to me that I still have a world's worth of knowledge to learn.