What matters more in finding a job or getting a higher salary GPA or rank and reputation of school?

“What will matter much, much more for getting a better job / better pay is what you do beyond your GPA: summer jobs, internships, ECs that relate to your field”

This is right on the money. Internships, significant leadership experience, and the ability to conduct yourself professionally while still being personable and able to interview well are far more important than your GPA (in most cases).