Does the school Electrical Engineering matter?

Does it matter what 4 year Electrical Engineering univeristy I go to when it comes to getting a job? Do employers care about school rankings?

Yes. It matters some.

Investigate career services for schools you are interested in. Compare salaries, and also find out the percent of students with job offers. That will help to identify differences by school.

ABET certification should be non-negotiable. Co-op opportunities would be high on my kids’ list.

Search here for a list of schools: http://www.abet.org/
Go to the individual schools and research their co-op opportunities and which corps recruit on-campus. Those should be your biggest concerns. Ranking is not what I would focus on.

^ This.

It has to be ABET-accredited.
And of course you want to check the university’s 6-year graduation rate. It should be above 50%!