Including a "REFERENCES" section in your resume is still an accepted practice, although many people leave it off. It is usually assumed that your references are available upon request.
If included, the reference section ALWAYS comes last. It usually reads like this:
REFERENCES: Available upon request
Today, most employers do not expect your letters of recommendation to be on file at Capital (Education is an exception to this--the Teacher Placement office keeps your letters and other documents). Most students should request and obtain reference letters (see below), and then make copies for employers when requested.
Many employers will simply want a list of your references, including addresses and phone numbers. They can often get more accurate and useful information from references over the phone.
Many students make mistakes when asking for letters of recommendation. For instance, you shouldn't stick in a professor's mailbox a note that reads, "I need a letter of recommendation sent to [employer] by this Friday. Thanks". That's offensive and shows poor planning. It definitely does not guarantee a good letter.