Soon as I graduated I encountered the experience wall - it was ridiculous. "junior" level positions required 2-3 years experience and paid less then working at Walmart.

Now that I have over 5 years experience in my field, I'm rolling in offers and have my pick.

I've had managers complain about lack of loyalty in employees. I typically fired back suggesting that if you take new graduates out of school and actually invest in them, you'll have a much stronger core workforce that is likely far more invested into the company then random mercenaries you pick off the market. Apparently I don't get management theory though...