I go to Embry-Riddle, and am a senior. I have had a few problems with the runaround-but having gone to another school, I can tell you that THIS IS THE REAL WORLD and it happens EVERYWHERE. Many students come to Riddle and think they are "in" already. These are the types of students who have the problems here. If you are cocky, expect the school to do everything for you, and blame the school for you problems instead of fixing them yourself, then you are not professional pilot material anyway.
As far as people in the industry looking down on ERAU (Miller22 says a Chief Pilot says so), this just isn't true. There are bad students everywhere. In fact, a chief pilot at a certain Colorado hub told me to go to Riddle. Looking at the internship program at United this fall, over half of the flight interns are from Embry-Riddle. Sounds like a bad reputation to me. Riddle has the largest Bridge program with Atlantic Coast Airlines. We send scores of pilots to CoEx, Eagle, ASA, and others each year.The statistics speak for themselves.
Embry-Riddle is expensive and has its problems (just like every school). You will graduate with great training like 24 hrs. level D sim time in the B1900D, and 20hrs. of 737 sim time. If you want to go somewhere and be totally immersed in aviation, ERAU is probably for you. If can't deal with total immersion, or are unwilling to take responsibility for your future and overcome a little adversity, go somewhere else. UND is great, Purdue is great, and so are many others (Parks, DWU, SIU). As for me, I am glad I made the decision to come to ERAU.