Hi wannac,
I have the same problem (also new to dbs). Have you got anywhere with this?
Also, people are confusing your request. You want to store a text file INSIDE a table field (using one of the TEXT datatypes) and they keep answering how to load data FROM a text file to populate a table. Is that correct?
I've posted a similar request to yourself on the MySQL forum, but as yet, no answers.

I've tried it myself, but only get errors.
This is what I posted on the MySQL forum, and also the error I'm getting.
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Hello!
This is driving me mad!

I'm trying to store a number of small (<100kb) text files inside a MySQL database. It's the first time I've used any of the TEXT data types. I'm pretty new to db's in general. Although the reference manual shows you the data types and the associated sizes, it doesn't give any clues on how to populate the field. I've tried googleing for the info, but that mainly returns people asking how to populate a database from a text file, and a few links on places like expert exchange where you can't see the answers unless you join.
Do I need to prep the text file before I insert it? Does it need to be a single long line? Can it have <CR> and <LF> in it? What about quotes and single quotes (guessing that's a no-no).
Just as an example, I've tried inserting part of my /etc/hosts file. Here's the error I'm getting and also a desc of the table I'm using:
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mysql> insert into test (displayname, vmx) values 'JL_Windows', '10.10.1.50 bl25p-s1 bl25p-s1.example.local
'> 10.10.1.147 cisco_3020_left
'> 10.10.1.148 cisco_3020_right
'> 10.10.1.5 cisco_6500_left
'> 10.10.1.6 cisco_6500_right
'> 10.10.1.141 cisco_rack1
'> ';
ERROR 1064 (42000): You have an error in your SQL syntax; check the manual that corresponds to your MySQL server version for the right syntax to use near ''JL_Windows', '10.10.1.50 bl25p-s1 bl25p-s1.example.local
10.10.1.147' at line 1
mysql> desc test;
+-------------+-------------+------+-----+---------+-------+
| Field | Type | Null | Key | Default | Extra |
+-------------+-------------+------+-----+---------+-------+
| displayname | varchar(50) | YES | | NULL | |
| vmx | longtext | YES | | NULL | |
+-------------+-------------+------+-----+---------+-------+
2 rows in set (0.04 sec)
mysql>
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Any help gratefully received!!

Jules.