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“Transformative” changes to England’s student finance system that promised to allow people to retrain at any age will exclude over-60s, the government has confirmed.

The Department for Education on Tuesday unveiled details of its life-long loan entitlement, a flagship policy giving everyone in England access to government finance for short courses focused on workplace skills.

Skills minister Robert Halfon said the overhaul was a “radical prospect” that would allow more people to improve their lives by upskilling.

“I think it’s going to be transformative because it will enable . . . many many more people to climb that skills ladder,” Halfon said.

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