UNC is a blueblood program. There are a lot of schools that would love to be considered such when only a handful can truely refer to themselves that way.( UCLA, UK,UNC,KU,Duke) No, I wouldn't put Memphis in that category and not by a long shot. That takes years and years of success. It takes time and luck.
Now, would I compare Memphis as an elite program with UNC as of right now? You better believe I would.