he's not willing to put this baby in a bad position

Probably because he didn't want to get charged with child kidnapping. How much worse did this child's life get because their parent's car got stolen? "Sorry son, we had $8,000 started for you to go to college but someone stole our car when you were younger and that's not something that you can bounce back from in this economy so you've got to take out loans." Fuck him and fuck people who steal from their own class.