I'll personally have to side with VD on this one. BurstNET has a really weird TOS as far as invoices go, and overdue invoices go. Their end of billing is a complete disgrace.
Nope, never used them nor know anyone that does use them. All I know is, is that they have a location that is in Florida, (GoRack), So I give them props for that!
What location are you looking into? Are you looking into offering OpenVZ, KVM, or XEN VPS? How many IPv4 Addresses do you need? What hardware RAID would you like?
Going to College/University for the Hosting field isn't needed, but is always a plus. What is needed though, is experience. Also, if you are looking into getting into Networking, I recommend looking into a CCNA.