Psu Schreyer is one of the top Honors colleges in the country, with incredible opportunities (including for top freshman premeds an option for a paid summer internship in Hershey where you shadow various doctors and surgeons.) However out of 8,000 freshmen on the UP campus only 300 are admitted to Schreyer, so if you have the opportunity to attend take it but don’t expect to get in.
Pitt will let you apply to take individual Honors classes (it’s NOT the same as being in the Honors college but does offer smaller classes and more interactive or in-depth material.) Avail yourself of that opportunity+apply for living learning communities to create a supportive environment.
In short : if admitted to Schreyer, take the opportunity (and congratulate yourself).
If not, use the opportunities at Pitt.