I suspect OSU is far from the only school where this is going on.
One school in Florida had a very bad run of “hazing” in the band. I believe someone died as a result. OSU probably trying to get out in front of this due to potential liability issues.
Something is guaranteed to happen to Ohio State if they report it. If the university is doing “too well”, someone will come out of the woodwork with some dirt.
In a certain Scandal Evading Conference, one could probably get away with unspeakble deeds by comparison.