How can I learn how to fix equipment

I want to know how to trouble shoot something that doesn't work, be able to upgrade some equipment, can I learn this without going to school for 4 years?
Buy a pile of broken stuff.
Rip it apart and see if you can fix it!
Get some basic books and tools.
If you have NEVER done anything like this already, you should think twice about this.
(unless you are under 21 years old.)
Too bad that Heathkit went out of business.
There are quite a few nice audio kits around. Building one will teach you to read a schematic, to solder well, and to troubleshoot. Also you can get a chance to learn about how different components sound (e.g. different types of capacitors, wire, tubes, etc.).

I'm sure you can find one or more that will interest you. For instance, some of the upgraded dynaco clone kits are fairly easy and fun, and produce products that you may want to keep.

There are also quite a bunch of books on topics such as tube amplifier design, or troubleshooting digital circuits that you might be able to find in your local library. I agree with Elizabeth, that there's nothing like getting your hands dirty trying to fool with someone else's broken stuff, but it's important to work with equipment that you have a good chance of repairing. Most of the older (tube) equipment is pretty accessible for servicing, however, they all have very high voltages (500 volts plus) inside, so it's important to have a clue what you're doing so you don't fry your brains out.

There are also quite a few DIY sites on the net where you can browse and ask questions. Try DIYAudio for instance.

hope this helps!
You should definitely check out boards.

Also, there are some basic electronics sites easily found, such as this one:
First Rule, Make sure the power is off. Practice and read.
Radio Shack makes some very nice experimentation kits that consist of a breadboard and instructions to make some basic circuits like a light sensitive bell. You can remove the components and reconfigure them to make a few different things. There is a book that goes with the kit that will teach you all of the basics that you need to know about electricity, capacitors, resistors, transistors, etc. You may want to invest in a basic book about electronics as well. Of course, none of this will address vacuum tube design, after you have mastered the basics, get yourself a copy of one of the RCA receiving tube manuals. I assure you, if you read it cover to cover, you will know more than most of the self-appointed tube gurus.
If you're "handy" with electrical/mechanical stuff I would say you can teach yourself. By handy, I mean you generally have an aptitude for diagnosing problems with mechanical/electrical stuff, disassembling/reassembling, soldering, etc.
There are books on electrical circuits, repairing electronics, building, and testing electroni circuits that you'll need to read. I suggest your FIRST read about safety with electonic devices before you stick your hand inside one - they can get you even when unplugged. Then do as Elizabeth says - get a bunch of broken stuff and go to work.

The only thing I would say is that getting to be able to fix simple, obvious stuff is easy, being able to diagnose a problem with a complex circuit is a lot more difficult. You also need tools and test equipment, which you need to learn how to use.
Most kits today are designed to give you an easy-to-build quality product. Heathkits were primarily designed to teach you how the thing worked, and most of them were not of the highest level of performance. But that's how I learned about circuits, long before I took any formal EE education.
It's certainly a much more sensible and attainable goal than do it yourself neurosurgery or neurosurgery in eight weeks at home.
For mechanical repairs, the self-help approach might work well. For electrical repairs, look for a local community college and sign up for a course in repairing electronics. You will learn a lot faster with a good teacher than you will on your own. They will also teach you how to avoid killing yourself in the process of sticking your hands into high voltage equipment. I was surprised at the fireworks possible from a capacitor in an amp that had been off for two weeks. Good thing I did not need those parts.
Thanks for the advise, I wonder if anybody knows of a home study program? Trouble shoot is what I would like to know, and maybe what I could do to up-grade a piece.
Memeboy, I trust you're not refering to body parts?
Good point. Now that I think about it, my eardrums took a hit and I DO need those body parts.