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Last Night’s Election Outcome and Its Impact on the Industry Speakers: James P. Bergeron, Last Night’s Election Outcome and Its Impact on the Industry Speakers: James P. Bergeron, President, NCHER Vic Klatt, Principal, Penn Hill Group 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

Election Outlook - President Electoral Votes (Nov 1): Clinton/Kaine – 259 Trump/Pence – 164 Election Outlook - President Electoral Votes (Nov 1): Clinton/Kaine – 259 Trump/Pence – 164 Toss Up - 115 Source: Real Clear Politics 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

Aftermath of the Election - President v New Clinton Administration v More than, 6, Aftermath of the Election - President v New Clinton Administration v More than, 6, 000 new leadership and political appointees at WH, OMB, ED, Treasury, CFPB, FCC, etc. – with Clinton, some new faces but mostly old loyalists and staff from her time as Senator v All new administrations examine recent regulatory actions, and are expected to put their stamp on higher education 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

Election Outlook - Senate Party Break-Down (Nov 1): Democrats – 47 Republicans - 47 Election Outlook - Senate Party Break-Down (Nov 1): Democrats – 47 Republicans - 47 Toss Up - 6 Source: Real Clear Politics 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

Aftermath of the Election - Senate v New Democratic leadership – Democratic Leader Harry Aftermath of the Election - Senate v New Democratic leadership – Democratic Leader Harry Reid retiring, Sen. Chuck Schumer is next in line v Sen. Patty Murray and Sen. Elizabeth Warren expected to be in leadership v New Committee Chairs (Murray or Sanders to HELP or Budget? Durbin to stay in leadership or to Appropriations? ) v New Ranking Members (Alexander or Enzi to HELP? Sessions back to Budget? ) 016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

Party Break-Down (Nov 1) Election Outlook - House Democrats – 190 Republicans -224 Toss Party Break-Down (Nov 1) Election Outlook - House Democrats – 190 Republicans -224 Toss Up - 21 Source: Real Clear Politics 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

Aftermath of the Election - House v Similar Republican and Democratic leadership, though Speaker Aftermath of the Election - House v Similar Republican and Democratic leadership, though Speaker Ryan may have difficulty getting a solid majority of votes because of the House Freedom Caucus v House Education and the Workforce Committee leadership changes hands – Chairman John Kline retiring, Rep. Virginia Foxx is next in line / Ranking Member Bobby Scott may be offered Sen. Tim Kaine’s seat by Virginia Governor v House Appropriations Committee Chair changes hands – Chairman Hal Rogers is term-limited, Rep. Rodney Frelinghuysen is next in line 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

Questions? 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN Questions? 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN