Absolutely no reason? You can incorporate new lines and spells of magic and add lore to it, it doesnt have to be completely pulled out some ones ass heres one
Bosmer Magi over the years in skyrim learned how to control the magics of nature for the benefit of the world and their race, but spreading their teachings out to the other races of skyrim in hopes one will be in tune to nature.
See I just created LORE for nature magic, and it may svck yes, but I can do it in 5 secs I am sure bethesda can create some fantastic lore for nature magic being in the game.
In real life there was no lore of TV but it was something newly made and look how it effects every one now, in other words, we can add new stuff and incorporate it with lore, just because its not in TES lore does NOT mean it cant be added and have a nice backstory with it. WTF PEOPLE imagination.
This is a general explanation of how I feel after reading this... http://www.youtube.com/watch?v=ZpmIBJ_MKas
Magic (I could be wrong) is not something that can be created in that; No-one just woke up one morning and said "I'm going to invent a way to summon the dead from Oblivion". It has always been there. For a whole new school of it to appear would not only fail to make sense, but almost would feel tacked on. You cannot just go in a say "Every mage ever is dumb because, even after studying magic their whole lives, they didn't know about this one school that lets your controll trees" And do you really thing Kynareth would let some mortal jerk controll nature (you know, HIS domain)?