They do learn, but, because they move slower, for farming and building in particular they improve at a slower rate than before. That's why it is best to make research the third skill if possible. Villagers can become masters in farming and building while they are still young, and become master scientists last, sometimes after they've become elderly. They don't have to move much at the research table, so their age doesn't affect them so much.
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To err is human; to arr is pirate.