James,
There is nothing better than real World experience. Schools merely provide the environment for you to collaborate/harness/nuture your skills. BE HUNGRY FOR WHAT YOU WANT IN LIFE!!! If you truly love product/industrial design I would imagine that you are working on your own projects in your spare time…? If not, get busy chasing your passion! Apply for any and all internships to get hands on experience. Once you get a feel for what products/industry you would like to focus on, then streamline your job search appropriately.