Winning their third straight over the Bulldogs at Alexander Memorial Coliseum, Georgia Tech led the rest of the way after Javaris Crittenton's 3-pointer gave his team a 48-45 lead with 15:01 remaining.
Young, a highly recruited forward from Memphis, Tenn., ended a 14-0 run with a layup just 2:54 later.
The Yellow Jackets (8-3) gave the home team an 11-1 record in the last 12 series matchups.
Levi Stukes finished with 21 points for Georgia (8-2), which went just 7-for-21 on attempts beyond the arc. Mike Mercer, who entered with an 18.1 average that led the Bulldogs, scored just nine points, all of them on free throws.
Stukes' 3-pointer with 33.2 remaining cut the lead to nine but ended the scoring for Georgia.
Mercer failed to score a field goal for the first time in his career. A former teammate of Philadelphia 76ers reserve guard Louis Williams at South Gwinnett High School, Mercer went 0-for-11 from the field and appropriately missed a reverse layup in the final seconds.
Crittenton, a freshman point guard, finished with 13 points and Mario West 12 for Georgia Tech.
Florida guard Brandone Francis-Ramirez has decided to leave the team after two seasons.
Oklahoma basketball coach Lon Kruger has hired Carlin Hartman as an assistant.
Authorities say former Michigan State basketball player Keith Appling has been charged with carrying a concealed weapon and other crimes.