Donald Trump Will Be Our Next President: Here's What It Means

A recap of his plans as he packs for taxes, immigration and Obamacare

Republican nominee Donald Trump has won the 2016 U.S. presidential election and is set to take the White House in January, after defeating Democratic rival Hillary Clinton with 276 electoral votes, according to AP projections. Clinton trailed with 218 and called Trump to concede as of 11:40 p.m. PT. After months of what many have labeled one of the most contentious elections in recent history, USC students reacted to Trump's victory.

"From the atmosphere at USC, I assumed Hillary would be in the lead because that's how it is at USC," said sophomore journalism student Morgan Chen. "I'm just surprised … how many shy Trump supporters there are because it definitely seemed like they were in the minority, but apparently not."

Chen was one of hundreds of students at a viewing party in USC's Wallis Annenberg Hall as the results came in on Tuesday. More than 600 people watched the three-story monitors as the votes came in and the polls shifted favor from Clinton to Trump.

"There seems to be a lot of support for Donald Trump, and we're still not quite sure — considering how many detrimental, hateful, discriminatory things he's said — we're still not sure why he's gaining so much support," said Anup Harji Charaia, a graduate student studying health administration.

"I went home and I was talking to my roommate and she almost started crying 'cause she was so scared. A lot of people will be disappointed if [Trump] does win, especially on campus," Chen said.

Judging by the cheers every time the networks called a state for Clinton, the crowd in Wallis Annenberg Hall was overwhelmingly pulling for her. Manrique Villa Gomez, a graduate student studying communications, stood out in a "Make America Great Again" hat.

"With Clinton, she will just keep going with the failed policies," Gomez said. "The next president will shape the United States for the next few decades."

As Trump prepares for the presidency, here's a rundown of some of the policies he would enact as commander in chief, from economic reform and immigration to healthcare.

His main priority is improving and maintaining a healthy economy. On his website Trump says he would add 25 million jobs to the economy in the next decade, increasing GDP growth to about 3.5 percent per year.

Trump would add many of these jobs through his energy policy, the 100-Day Action Plan. The plan, also known as the America First Energy Policy, would encourage growth and technological development in the coal and oil sectors.

While improving the coal and oil industries, Trump would cut environmental funding and limit international or domestic climate change programs, including the Paris Climate Agreement that was signed earlier this year.

Trump's economic plan would also include new tax breaks, lowering the number of tax brackets from seven to three, at 12 percent, 25 percent and 35 percent. According to Trump's tax plan, deductions will also move in favor of the middle-income earner. The standard tax deduction will be $30,000 for joint-filers, up from $12,600.

One of Trump's most prominent and controversial policy points, however, has been his proposed stance on immigration.

Trump's first goal would be to build a wall along the U.S. border with Mexico, paid for by Mexico. Illegal immigrants would be detained until they can be removed from the country.

Trump's plans for national security mirror his immigration policy. He has proposed a new screening process for immigrants and temporary suspension of immigrants from the "most dangerous and volatile" parts of the world to lower the probability of terrorists immigrating to the U.S.

Trump's has said he wants to work with "Arab allies and friends in the Middle East" to defeat ISIS with a bigger military and new technology and equipment for fighting.

An outspoken Obamacare critic, Trump plans to completely repeal and replace the Affordable Care Act. His new healthcare plan would improve accessibility; people would be able to purchase insurance across state lines, even if they have not maintained continuous coverage.

Finally, though not explained in great detail, Trump's plan for education involves what his campaign calls "School Choice." The policy would allow states to allocate federal funding for students in private and charter schools, not just in public schools.

Along with these basic policies, Trump has hinted at who he hopes to have in his cabinet. According to NBC News, Trump may want to appoint Rudy Giuliani as attorney general, Newt Gingrich as secretary of state and Reince Priebus as chief of staff.

Reach Staff Reporter Simrin Singh here.

News Editor Nicole Piper contributed to this report. Reach her here.