If you spent 20 years to be at the same level as a college grad, you are not equally qualified. The ability to grow and improve matters. When hiring you project

If you spent 20 years to be at the same level as a college grad, you are not equally qualified. The ability to grow and improve matters. When hiring you project growth and if someone has proven they have limited upside, they aren't as good of a candidate. Also the old person probably has higher salary expectations.