Romney pulls plug on presidential bid

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HIGH POINT, N.C. -- Mitt Romney announced Friday morning that he will not run for president in 2016.

"After putting considerable thought into making another run for president, I've decided it is best to give other leaders in the party the opportunity to become our next nominee," Romney said during his announcement to supporters.

High Point University Assistant Professor Martin Kifer, who runs the university’s polling center, said Romney's announcement did not come as a huge surprise.

"It seemed like he believed it was time for someone else to carry the party's banner in the next electoral cycle," Kifer said.

Kifer said in the early election polls, Romney was doing very well.

"But often those polls are just showing what the level of name recognition is," Kifer said.

Kifer said that it is too early to make predictions about the 2016 presidential election, but historically speaking, Kifer said signs point to a Republican win being likely.

"It's been a long time since a Democrat won after another Democrat had served for eight years," he said.

HPU junior Jessie Giaquinto, a political science major and member of College Republicans, said she voted for Mitt Romney in the last presidential election.

"I really like his personality," she said. "I really like that he's a family man. I like most of his positions on most of the issues, except for some of the things that he said about foreign policy."

She said she was expecting that Romney would not run again in 2016.

"I wasn't terribly shocked," she said.

With Romney out, Giaquinto said she is not yet sure who she would like to see run in the Republican Party.

"It's a little too early to tell," Giaquinto said. "I'm going to wait and see before I pick a personal favorite."

Regardless of who tosses their hat into the ring, Kifer said we can all expect a very interesting election.

"This is going to be a very competitive race," he said. "There's no doubt about it."