Hi DonnaDee,
It is very frustrating out there for newbies. Does your school have any kind of affiliation with any companies? I'm heard that the good online schools do. You might want to ask. Have any of your fellow graduates gotten jobs? Maybe you can find out where they are working?
I would suggest that you network with other MTs. This is so important. People will get to know you and might give you a chance. I know it's hard in the cyberspace world to network, but perhaps there are some MTs in your area who you could ask for advice?
I don't know about how the tests work for these places as I have not taken an on-line test. I would suggest taking every test you can--you will learn from them.
Getting a medical spellchecker is a good idea, but if you are hired by a company they will probably have a built-in spellchecker in the software they use, so you might not ever use it again. Maybe try eBay and see if there are any used ones--try searching for medical transcription.
There are newbies who get jobs--I don't know how many resumes they send out but some eventually get work.
Good luck!
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kkb (Karyn), who considered herself a newbie after 18 years doing MT and even though she is no longer working in the field, still remembers what it was like to be a newbie!