I had a great time at Riddle and had a 'college' experience that I would pit against anyone that went to a state school. How?
a) I lived off campus
b) I went other places to party... Stetson University in Deland (about a 30 min drive away), is a private school stocked to the BRIM with hot, spoiled rich college girls. I think the ratio at that school was 3 or 4 girls to every guy. Going to Deland to meet women isn't even fair. Orlando is absolutely insane 365 days a year with tourists. The Orlando nightlife is unrivaled: Citiwalk (Pleasure Island as well) and highly discounted theme park tickets + discounted hotels = unbelievable nightlife.
I think it depends on your ability to socialize/network and be adventurous. If you are looking for a very nuclear college experience (want to live in a college town, stay there the whole time you are in college etc) then go to a state school or Purdue.
I found the Daytona nightlife decent. It is a popular spring break location, and even other times in the year there are some good places to have a great time (but it can't hold a candle to a big college town).
But is what I really enjoyed about Daytona, was that it was the perfect staging point for other places. Drive south an hour and you are in Canaveral/Cocoa: Cheap weekend Bahama cruises out of here every weekend.
Drive another hour or two south and you are in FT. Lauderdale: $30 ferry ride and you are in the Bahamas for the weekend.
Drive another hour south and you are in Miami: South Beach anyone?
I already mentioned Orlando (about an hour/ hour and a half away from Daytona).
Jacksonville/St. Augustine is an hour or two north (great nightlife, especially St. Augustine).
Gainesville is a little less than two hours away, a college town in the truest sense imaginable (Gatormania).
Tampa and it's awesome nightlife is I think a little over 2 hours away if I recall.
My point is that the possibilities were endless. Every Friday after class we'd drive a couple hours (somewhere new each weekend) and do it up.
As far as the tuition is concerned, you will pay out the ass to go to Riddle. You will pay doubly out the ass if you do the flight program at Riddle. I got an Aviation Management degree and have a couple semesters left on an Aerospace Engineering degree. All of it set me back $80,000. I've been out of college for 2 years, and i've paid off $30,000 with my O1 pay, so I don't know about the whole paying back loans for 50 years business. If you do the flight program (which I don't recommend) it will set you back in the neighborhood of $150k.
I felt like I did get a great education, but at a high price for sure. All in all, I think that the school you go to should be based on your own research and what you feel will be best for you. Read up on each of the schools, go to their websites and look up the rankings for their different degree programs. Look at and weigh the costs associated with each school and go with the one that fits you best.
I have many friends that went to Purdue and enjoyed it. I enjoyed my time in Daytona. To each their own. Good luck to you!