re: What is the statute of limitations on college football "Elite Status?"

I mean look at a program like ND who hasn't won a NC since '88. Most would still consider them an elite program. I think it's a mixture of history and viability. Someone like Oregon, who's been extremely good the past several years but hasn't won a NC some may not deem to be elite. I thinks it's all pretty subjective but I think it really boils down to # of NCs.