Peters (6-3, 275, 4.8) made previous visits to Ohio State, Auburn, Kentucky and Louisville. He was unavailable for comment Sunday night, although his mother, Vanessa, discussed where things stand.
"All of the schools were really fine visits," Peters said. "We can't say a negative word about anybody. All of his visits were outstanding."
There was a report earlier on Sunday that Peters had whittled his college choices down to two schools – Ohio State and Michigan.
But Mrs. Peters did not confirm that.
"No, he has not done that," she said. "He is still considering all five schools – Louisville, Kentucky, Ohio State, Michigan and Auburn."
An announcement is planned for 10 a.m. Wednesday at Peters' school.
"Once he has made his choice, he will let the respective coaches know," Peters said. "Then he will make the announcement on Wednesday."
Peters was hosted at Michigan by his good friend, James McKinney, a Louisville native.
Peters, an outstanding heavyweight wrestler, holds a 3.2 GPA and scored a 21 on the ACT.