Don't know what to do: I'm pregnant for the first time?

I am pregnant however, I have finished college luckily but i had planned on furthering my education.It bothers me deeply that my baby might have emotional struggle while growing up that i might not be able to avoid. The father is not happy i'm keeping the baby because we barely no each other and ironically his ex gf who he knows well and has been with longer than me is pregnant as well. He says he is unable to financially support two babies let alone one and he would rather commit to the child with his ex gf because he still loves her. I am very independent and committed to raising this child on my own and i have no problem with putting my life goals on hold for this child because i feel that's what i mother does. I know i can do this but how do i raise a son or daughter in this situation? How do I take away the emotional hurt my child might endure? I wish i could convert all the pain later in life my son or daughter may have to myself but i can't and this bothers me. Any advise or words or encouragement would be appreciated. Thanks