Colorado College is set to discontinue the varsity sports of football, softball, and water polo:

This move affects 76 students on campus, 54 men and 22 women.  The choice of these three sports came down to competitive success, conference affiliation, available facilities, fundraising success (or endowment earnings), roster size, and recruiting success.  It was also critical to follow all applicable federal regulations.  This change actually will bring CC more closely into compliance with Title IX Gender Equity legislation, an important aspect of any decision involving athletic programs.

Emphasis mine.  More details here. This is yet another example of the fact that Title IX is always a factor in athletic program decisions.  Even in these tough economic times when schools are considering cutting back on their programs, Title IX in effect guides the cuts by requiring schools to maintain a proportional gender balance.