I can't comment on Kettering, but I attend the University of Toledo and we have a co-op program.
The four year engineering programs all have mandatory co-op. You're pretty much guaranteed one, BUT, it may not be very glamorous. A couple of the kids in my class couldn't get a normal co-op, so the university hired them. Their job for the summer was to go around hanging up fire extinguishers and signs, in addition to inspecting the HVAC systems. It didn't pay so well either.
Jobs ARE more scarce though. I've really got to see it because I've been in college before and during the slowdown in the economy. My first career fair had TONS of companies, the entire first floor of our engineering complex was packed. The spring one wasn't as big, but it never is. The next fall one was noticibly smaller then the one during my freshman year. Same with the spring career fair, smaller and fewer companies. I didn't go to the one this fall, because I am out on co-op, so I can't judge it too well.
It's true, you really need to be out there doing your part too. We have a woman in the co-op department who helps us to get jobs, but she helps out a lot of kids. There's also a lot of companies that actually hire co-ops who may not have arrangements with your university. Call EE related companies in the Rochestor area and ask if they hire interns, you might be surprised.