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Gellino - I don't think that's the case for my son's class (he's a senior); nearly everyone who went away spring semester his junior year went on a non-Colgate program.
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One, at least, when I was there, ~ 70% of the Study Abroad trips are in the Fall semester.
Two, if you say, ~ 2/3 of Colgate students go abroad, this would ~ 480 students. If you say the 20 programs even have, on average, 12 students for each trip, which is very conservative (just thinking off the top of my head London-Econ, London-English, London-History, Manchester, Geneva, Venice, Colgate/Wesleyan/Vassar in Madrid, Wales, Dijon, Japan all had more than this) it would still be 50% (240/480) of students going abroad on Colgate trips.
Personally, of people I knew who went abroad on one of the Colgate groups was over 80%. Since it looks like all the same programs are still in tact, unless they have shrunk in size, I can't imagine this has changed considerably. A quick glance at the website, looks like they have incrementally added a few programs since I was there.