I know that the graduate program at ASU is ranked 10th in the nation accord to USWNR.
I heard it's a very very intense program, only accepting a small amount students every year (you get accepted into the actual industrial design program after sophomore year. you're first two years you are a preprofessional design student with a specific concentration). Only about 30 students graduate with the degree every year, making it a very individualized program.
Here's more info:
Department of Industrial Design: College of Design: ASU
By the way, the new USNWR undergraduate rankings come out in late august. You should check it out at a bookstore when it does for specific undergrad ranks