Here's the problem, even when doing that it's not like we're competing against nobodies. Some schools, off the top of my head, that can say they're in a big metro area (some likely straddle the line between college town and big city) with job prospects and such:
-Austin, Texas (UT)
-Berkely, CA (UC) and Palo Alto, CA (Stanford) (pretty much San Francisco)
-Los Angeles, CA (USC/UCLA)
-Seattle, WA (UW)
-Chicago, IL (NU)
-Miami, FL (UM)
-Dallas (TCU)
-Atlanta, GA (GT, UGA-stretch)
Maybe I'm wrong but a few of those cities, especially to a 17/18 year old, likely have greater appeal and just as good of job prospects especially for those not 100% in-tune with what the Twin Cities actually offers.