The numbers given in millimeters are the focal lengths of the lens. In layman's terms: the higher the number, the more "zoom" factor you're getting. A 75-300mm lens is a telephoto zoom, meaning it has a range of focal lengths, all of which make distant objects appear to be closer. The kit lens you have ranges from a wide-angle focal length (18mm) to a mild telephoto (55mm) on your XT. There is also a type of lens that does not zoom at all; this type will have a single focal length, and the term for this category is "prime lens." Primes are less convenient because they can't zoom through a range of focal lengths, but they are easier to manufacture and therefore tend to have better optical quality than zoom lenses do.
The other numbers you will find on lenses begin with an "f" and designate the maximum aperture that the lens can achieve. The aperture blades can open wider on some lenses than others, meaning that they let in more light to the sensor all at once. Rather confusingly, larger f-numbers mean smaller aperture openings; for example, f/2 is a larger opening than f/8. I always recommend that beginners play around with a so-called "nifty fifty," which is a relatively inexpensive 50mm lens with a large maximum aperture of f/1.8. The large aperture will enable you to achieve effects (such as a sharp subject against a blurred-out background) that will help you to learn about the relationship between aperture and shutter speed.
Thank you very much for the information! As for the f-numbers, I remember learning about that in my physics class, but it's much more useful to hear it in laymans terms. I will definitely put this information to good use.