1) Giving up 34pts per game is not good;
2) Having the 108th ranked defense is not good;
3) Having your signature win against Rice is not impressive;
You are saying that the above, paired with a loss warrants top 10 consideration? Huh?
I agree and said in my op that you shouldn't drop a team a bunch for losing a close one to a good team. Fine. But that is still not even close to a top 10 ranking. You have teams behind them that have better records, better wins, better stats.
Didn't Rice just beat a B12 school the other day?