That is weird man. All but one of my friends who've graduated from Michigan Tech who were EE or CompE have gotten good to great jobs. One who just graduated as an EE never had any internships or co-ops and his previous work experience wasn't anything related, had like a little over a 3.0, ended up with a job paying almost $70k/yr. He had multiple offers that all happened within about 1.5 months from the career fair where he gave out resumes to going through interviews and getting the offer.
I'd definitely try you schools next career fair. Our second one is coming up in February.
How are your programming skills? Or what area do you want to get into? I guess as a CompE myself, it wasn't really about design positions vs. non-design or technician work, I just sort of went towards embedded programming or software positions, and there was definitely plenty of demand for them. Either way I wouldn't expect they hire many new grads for design positions. Just sort of a general engineering position, doing either hardware or software (testing, doing Matlab and/or Simulink stuff, coding, etc).
So I'm sure your resume has changed since the OP but you should post a picture of the current version so we can see how the design of it is just in case. And if you made the changes recommended we should see those to see if there is anything left that you could improve.