SHE IS ONLY 16!

This has been the worst summer ever. I usually do not let my children to loiter around going to sleep overs anyhow but even with all that the worst have happenned. She is pregnant. She  has been going to our church for youth services. I was so proud of her that she is church going and did not mind that twice a week they meet for youth activities. One of our family friends boys, 16 year old is responsible, both very distraught. I regret letting her go but the damage is done. The boy is in tears too he cannot leave his room and my daughter do not know what to do. She missed her period 3 weeks ago she did not tell me, she tested positive. I heard her crying in her room and she told me. I went crazy cos to me she was my little girl. 

I want to advice her to have an abortion, she has been admitted to college of her dreams with As and Bs but now she might have to drop out. I have not even told my husband as he will chuck us all out calling us prostitutes. What do i do? My daughter want me to help, how?