I'm under a 3 year contract for Tae Kwon Doe contract that I want out
of now.  It was stupid of me, and now with college and work I want out
of it, along with a loss of interest.  Do I have any options?  It's a
retail installment contract through a bank.  I'm only four months into
the contract, so I probably still owe over $1500 more.  Thanks.

You picked the wrong company to try to back out of a contract with.  I
would say offer to settle it outside but you are most likely to lose
the fight.

On a serious note, have you tried talking to them about it.  Some
people are forgiving if you have a good story.  Good Luck, Paul

A contract is a contract. You are legally required to fulfill it. 
Read your contract perhaps you can sell it to another person at a
discount and at least get something back out of it.