Of course, on the flip side of the coin, a flying college can't offer everything "Joe's Flying SChool" can...
In a college town, there will be dozens upon dozens of young pilot willing to whore themselves out for the allmighty hour. I know when I had a twin (not for too long, but I had one), I absolutelly avoided airports with the multitudes of people trying to leech their way into flying with me. I took a lot of people I knew flying, but not if they were begging to go fly the 310...
That doesn't happen as much at "Joe's Flight School." The FBO I work at now, probably handles a dozen or so transient cross country airplanes a day (High Performance Singles, Twins, Jet -A burning stuff). There are not the usual bevy of young pilots trying to sidle up to the pilot of the exotic King Air with the "So, you got a King Air 90, huh" routine.
It's all a matter of opinion. I felt screwed by the college town, due to the overabundance of extremely young hour mongers, but here in a relatively large metropolitan area, even with an awful lot of CFIs on staff, I'm having a MUCH better time (I singed three people up for lessons this morning...

)
So I'd say there are better opportunities here to meet people (which I tend to do anyway, I"m just a friendly kinda guy). Even if we rarely get jet operators (althought that is changing, our resteraunt is getting tres popular), we get lots of 421s, King Airs...
Dan