I see no way for you to do this in the 2D environment.....I see this as a big gap in the current tool set.
Design Manager Streetscape Limited
Solid Edge ST10 [MP0] Classic [x2 seats]
Check out DeskEngrave. This *free* tool will convert a single line of text using any True Type font into a DXF file. You can then import that DXF file into Solid Edge; effectively giving you "exploded" 2D text.