The most common and most likely answer to this crossword clue is the 5 plus 3 letter word UNDER AGE
I've seen this crossword clue in The Times
U
N
D
E
R
A
G
E
Buddy explains!
The straight part
We know that "Too young" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case too young = under age.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.