1 Oregon 

2 Alabama 

3 Florida state ( they are undefeated and I believe that if you run the table in a power 5 conference you should get in ( see Ohio state last year ) )

4 Ohio state ( you make a point to Baylor about strength of schedule while still showing that you have to win your conference to get in )

5 Baylor ( if any top 4 team loses  Baylor the team leading the big 12 can take their spot by doing this you're still putting a point of efface on winning your conference)

6 Mississippi state ( you have a back up if alabama loses ) 

7 tcu ( you have a back up if Baylor loses ) 

If  the committee does it like this they will show that you have to have a decent strength of schedule while also taking into account the conference champions.