“Nobel Prize winners may or may not care about undergrads, but their concentration in a specific school might give you an idea about the intellectual rigor of a place.”
Agree, picking a college on nobel prize winners is not unreasonable, especially if it’s in your field or major. And the top ten US schools that produce noble laureates are pretty much the top ten in most rankings - the only outlier is Berkeley, top 10 in nobel but generally not in rankings. But your point on intellectual rigor and nobel winners is spot on, there’s a correlation there for sure, Chicago, Columbia, MIT et al.