I’d personally focus on where I wanted my four-year college experience, and count on my degree from either of these colleges being quite portable.
As for where to want that experience–in a case like this it really is pure personal preference, and I think you fairly summarized the tradeoffs.
But as I final thought, I would try not to put too much weight on the quality of the Admitted student event per se.
However, if a kid actually ended up more excited about a certain college, then that is fine! It is good to be excited about where you are going to college!