Sorry this response is way late and may not even be relevant for you anymore, but I actually applied and almost went to Embry Riddle (got accepted there but ended up going to the University of Michigan to study Aerospace Engineering). I did have a buddy that went to ER, went through their Army ROTC program, and is now a major in the Army reserve here in Michigan. It seemed to work for him, although he doesn't fly now, he did while he was at ER and does work in the aviation field and loves it. If you are still debating this college, I can probably put you in touch directly with him.
P.S. Aerospace was a horrible industry while I was in college (lots of layoffs, etc.), so I ended up changing majors and became a CPA. I still love aviation though, so I started my own aviation related company (www.warpaintllc.com).