We lost to the only two true quality teams on our schedule, one really badly. It was a bad bad look.
We're ranked exactly where we should be. Name the best team we beat. We wouldn't be favored in a game against anyone ahead of us with the possible exception of Minnesota who may be a tad overrated but even they have a more impressive win that we do.
You want to throw Navy out there as a "quality" team just because they had one loss? Have you looked at their schedule?
Pollsters are running out of teams to rank. Heck Iowa is ranked 17th and they are really mediocre. Iowa State is 6-4 and ranked 22.