Leading party thrashing youths around college to intimidate (5,3)

I believe the answer is:

psych out

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'intimidate' is the definition.
(I've seen this before)

'leading party thrashing youths around college to' is the wordplay.
'leading party thrashing youths' becomes 'psych' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'around' indicates an anagram.
'college' becomes 'u' (abbreviation for University).
'u'+'to'='uto'
'uto' with letters rearranged gives 'out'.
'psych'+'out'='PSYCH OUT'

Can you help me to learn more?

(Other definitions for psych out that I've seen before include "Undermine" , "intimidate" , "cow" , "Play mental games" , "Guess correctly the intentions of another (informal)" .)

I've seen this clue in The Hindu.

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