I'll disagree. PSU is playing in Indy instead of OSU because at Oregon was on OSU's schedule but not PSU's.No chance PSU drops that far for losing a conference championship game to #1. ND probably jumps them and Texas probably stays ahead of them if they lose to Georgia. But that’s as far as they’ll go
If Oregon beats PSU in the title game, there simply is no argument for PSU to be ranked ahead of OSU, given the H2H results. OSU also lost by 1 in Eugene, a result that will be worse for PSU if they lose.
Given that Tennessee is ranked ahead of OSU, that means PSU falls behind Tennessee too. Their floor might not even be the 9 seed, if they're embarrassed (OSU-Wisconsin 2014 type of game), they could even fall behind us.