3betting him would also be a possibility, but i dont know...i think im one of the more agressive players i know, or have seen at the tables (other than utter maniacs) and i think this line is a little over agressive. The chances of him folding are slim to none, especially now that hes shown agression, and my hand is pretty vulnerable to any broadway card that hits the turn or river. Although i have a strong feeling that you're going to point out why this is the better line to take, lol
3-betting would be the best choice in my opinion. I noticed that you mentioned fold equity, but we don't necessarily want him to fold. We have value in three-betting. This is because a LAG will raise this flop with a ton of hands, including flush draws, lower pocket pairs, overcards, etc. For this reason, if we just call his raise, we should fully prepare to donk most turns since a lot of the hands in his hand range aren't following through with a turn bet, and we lose value by allowing him to catch up for free.
I think you'll get better at these things with experience. One of the things that a lot of new SH players find out later than they should is that flop raises by LAGs shouldn't be taken that seriously. You may also be having trouble with opponent specific type hands where hand ranges alter and change drastically as the hand develops. If a calling station raises this flop then the hand plays out very differently.
Next session, or from your PT database, notice how you are playing your pocket pairs, and if you don't mind, post some more of those hands. Pocket pair hands generally employ a ton of SHLHE concepts, and you can strengthen your grasp of these things by observing how you are playing them, and hearing what we think of it.