That's a good question. There are probably less than 10 truly elite programs in college football:
B1G: Michigan, Ohio State
SEC: Georgia, Alabama, LSU
Maybe you can include Florida State on that list?
Then you have name-brand programs like Texas, Oklahoma, Penn State, Notre Dame, Oregon, USC, Mizzou, Texas A&M. These are programs where the boosters get mad if you don't make the CFB every season but have to have magic happen to oust one of the teams above.
Miami might as well be playing in the MAC. They might as well be Stanford for kids who can't read good. They're Nebraska.
Lots of schools produce NFL talent. We drafted two players from 5-7 Illinois. But they finished 3rd in a three-team conference last season so I dunno. Sounds like
@Ouchie-Z-Clown was very impressed by their six-point loss to Arizona in the Valero Alamo Bowl.