Yeah I had to do an internship, too. @_@ I worked my butt off at school, though.. school was crazy stressful for me because there was a ton of competition. Still is a ton of competition but you can at least focus on building the portfolio instead of dealing with like 8 subjects along with it.
You should start building one. Even if you dont think the stuff is that great, put it together anyways and then when you get better stuff just keep updating and replacing it. Doing it through blogspot is really easy; so I recommend that! Do you like 2D or 3D or graphics the most? @_@ I am terrible at graphics and painting, but I love 2D and 3D drawing/animation <33