They could yes.
Although I believe that one or the other will end up being rather boring.
I couldn't be happier. My two alma maters, Michigan (B.S.E.) and Cal (M.S.), are both playing great games, back-to-back. I like both schools' chances, and would love to see them each beat the stinkin' Buckeyes in consecutive games. (Ok, that's a bit of wishful thinking in the second instance but who knows?) I will watch both games in their entirety at home, and don't anyone call unless the neighborhood is on fire or something. Go Blue! Go Bears!