I've become more cynical and disillusioned about certain things as I've gotten older, yeah. The longer I spend time in college, the longer I notice trends that don't help people with similar attributes as me.
But, I've also become more caring to people close to me. The fact that I'm such a closed-off person to most people means opening up to those select few is less like a trickle of emotions and more like the recent hail&thunder-storm we got last week.
I also think that increase in empathy comes from being more aware of the lives of other people. The younger version of my didn't care about how anything effected anyone except himself. The more I struggle through things and become a more caring person, and the more I listen, actually listen, to the struggles of those people I'm close to, the more empathetic I become.