I just wanted to follow up with the outcome on these figs. I decided to observe them a while longer before doing anything. They actually started to perk up a bit. No new growth, but the leaves seemed to be regaining some color. Then, we had another hot day and the leaves yellowed again. Seemed pretty obvious to me that the yellowing was caused by too much sun/heat. I moved them back further under the eaves so that the only got an hour or two of direct sunlight. They seemed to like that a lot. However, still very little growth, if any.
Finally, I moved them up to 5 gallon pots. This time, I used REAL potting soil. The stuff I had before had very little organic matter. The perlite/vermiculite is not really soil at all. The decomposed granite that I mixed in is more like sand than soil. Ever since I put them in bigger pots with soil, they have developed several new leaves along with stem growth!
I haven't put them directly into the soil yet because I want to keep a closer eye on them. I keep them right out my bedroom window, so I check them every day. I'm afraid that out in the open, they might get dried out or grazed on by our stupid goats.
So, in summary, I believe I had two separate problems: 1) leaf damage from too much sun and 2) lack of growth from too little nutrition