January 11, 1988
| Rank | School | Conference | Change |
|---|---|---|---|
| 1. | Iowa | Big 10 | - |
| 2. | Louisiana Tech | American South | - |
| 3. | Auburn | SEC | 1 |
| 4. | Tennessee | SEC | - |
| 5. | Texas | Southwestern | - |
| 6. | Mississippi | SEC | - |
| 7. | Virginia | ACC | - |
| 8. | Ohio State | Big 10 | - |
| 9. | Rutgers | A-10 | 1 |
| 10. | Stanford | Pac-10 | 1 |
| 11. | Duke | ACC | 2 |
| 12. | Long Beach State | PCAA | - |
| 13. | Georgia | SEC | - |
| 14. | Maryland | ACC | 1 |
| 15. | Western Kentucky | Sun Belt | 1 |
| 16. | Washington | Pac-10 | 1 |
| 17. | UNLV | Big West | 1 |
| 18. | USC | Pac-10 | new |
| 19. | Montana | Big Sky | new |
| 20. | Houston | Southwestern | 1 |