They made a song about getting constipated from eating too much matzah? Seems like they have too much time on their hands
Yeshivas give a two-week or three-week vacation around Pesach time (called "bein hazmanim," or between the semesters). That is the major holiday break within the school year for yeshivas. So yes, they do have quite a bit of time on their hands
There is usually much sermonizing over the fact that people should not waste their entire bein hazmanim and try to keep up at least a decent learning schedule even if not as frequent as during the semester. But of course making a music video is pretty fun, and probably a good way to take some time off from learning to better come back to it invigorated afterwards.