The world population pyramid has changed shape. However, this does not mean that societies have changed their negative concept of old age. Our study proposes an intergenerational service-learning program with 179 university students and 101 slightly depressed elderly people. The results show that the elderly people who interacted improved in well-being. Those interacting with the young people tended to lower their stereotyped perception of themselves, while the others tended to augment it. The young people tended to moderate their stereotypes of the elderly with or without interaction. (Contains 2 tables and 12 figures.)