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Having been on both sides of this issue, there is a definite advantage to having a balance of new hires - right our of college or even supporting students through work/study while they are working on their degree.
Younger workers bring energy and drive plus a willingness to tackle the grunt work that older workers would usually like to avoid. Having older workers train and mentor newbies helps prevent brain drain.
Recently, I read a terrific farewell speech by someone I had the pleasure of working with. The posting had a comment referring to my colleague as a "geezer" and suggesting they get out of the way so the younger workers could have their turn. Listening and learning from my fellow geezers gives the younger workers a set of tools - and like all tools you can pick and choose the best of the best for the job.
It's nice to have a geexer or two around to help you pick the tool...
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