Note: Normally I wouldn't rank them at all (personal probation), but they can't be disregarded at this point for CFP predictions. They hold the tie breaker with OSU, so if OSU beats Michigan PSU goes to Indy. A win there would make them the one-loss B1G champ. And such a team is very likely to be in the playoffs.
Kids, let this be a lesson to you all. If James Franklin can go from "basically fired" to "hey, they may actually have a chance at getting into the College Football Playoff" in a matter of 6 weeks, you too can accomplish your dreams.