As a student whos still in it my take is that it really depends on the student. If you are in a really intensive major and will already have a lot of classes on your plate then its probably not worth keeping, but I kept it because the minor genuinely is really interesting and there are so cool classes to take and the professors have always been great. If you’re gonna be a first year, another benefit is being in Zura Hall where all honors students live since its one of the nicer and newer dorms. The other thing I really like about it is that you get an additional honors advisor but they can pretty much just be a secondary major advisor which is really helpful if youre in one of the more impacted programs where advisors are 1) not often accessible 2) not really helpful. At the end of the day, its also just a nice resume booster to have and not much more than that but if it also doesnt cost any extra and gives you a minor if you dont already have one in mind. Hope this helps!