The ignition lock cylinder is a well known problem on this board.
Here's what I would do if I was in your situation:
First, purchase a new, improved style lock cylinder from your local Ford dealer, or an online Ford parts dealer. The difference between the 2 lock cylinders (so you don't purchase an old faulty lock cylinder on Ebay) is that the key hole is in the center of the lock cylinder on the improved version. The old, busted, style has the key hole off center of the lock cylinder- like the one in your car now. Once you change to the improved style, there will be no more ignition lock cylinder problems. Once you have your new lock cylinder, take it and your other key to a locksmith and have the new lock cylinder keyed to your key. This is important because Ford keys contain an RFID chip that is linked to your ECU. If you don't use that key, then you'll need a Ford dealer to reprogram a new key for your new lock, and that would cost USD$100 or so. Don't make that mistake. Now that you have a new lock cylinder ready to be installed- try the last resort before drilling. Remove the plastic surrounding the console so you can see the base of the lock cylinder. Spray some WD40 in the key hole, insert your key, tap on the end of the key with a screwdriver handle like the key was a nail and you were driving it into the console. Try to turn the key while you are doing this. I would try doing this for about 15 mins. If the key turns- you want the key in the ACC position or "Position I"- if I recall correctly, in order to remove the lock cylinder. Your new lock cylinder should come with directions. If it turns, then all you have to do is press in on the detent that pops out at the base of the lock cylinder and remove the old lock cylinder. Hopefully you can get your key out. Now install your new lock cylinder, replace the plastic, and you're good to go.
If you can't get the key to turn, you must drill out the old lock cylinder in order to remove it. This is why we beg people to replace the old lock cylinder before it locks up. Yes, damage to the steering column is possible if you are not careful and use too much force drilling the lock cylinder out. The shop you use will probably tell you this also, and they will not replace a steering column for free if they screw up. Your car is in jail until you pay what they say you have to pay. Here is how you can drill out the lock cylinder for yourself if you have a drill, are careful, and can follow directions.
Drilling out Lock cylinder after lock-up and replacing