it was like that when i bought it. the seat post is more or less rusted in place and i didn't feel like spending money on tools to free it. It does need to be raised a few inches.

But yeah, the handle bars are way too high. Not sure what I could do with regard to that. Looks like its the fork, eh?

Wondering why I am responding so fast? I have a paper due tomorrow, and someone doesn't feel like working on it