I'm a freshman there right now for Aero/Mech. As for the rankings, I've only seen them been go up, so I'm not sure what PowerEngineer is referring to. Okay, um stuff about the school, guy/girl ration sucks ass, I don't really care though because the girl I love is at home. The school gets craploads more money every year and is improving programs constantly. Even from 5 years ago the campus is significantly improved. They started a teacher evaluation system a few years ago, and it has obviously paid off in terms of improving teachers. They have a thing called the NRB program which all freshmen do before school starts; it's essentially a week long group/team building/random activity/orientation program. It was in response to them having only a 70% retention rate after the first year. Speaking of first year, it will probably be rather easy if you're good enough to get in, but after that, they like to burn you into the ground. The business school is also gaining attention if that interests you.
Everyone says Troy is a mess, it's not the best place, but it's okay; there are some nice places to walk around if you know where to go. The campus is nice anyway, so having to venture into Troy once in a while is more of a "learning experience" lol, than something miserable.
FYI, a notable portion of the freshman population likes to get completely trashed on the weekends; most of them are gone or figure it out by sophomore year though.
If you have more questions feel free to PM me