It's been pointed out in this very thread, actually.
I am a tank who learned first the General's (+Presence) T2 prefix of Redoubt Hyperaccelerated Shield Generator, and after that I started counting how many attempts I had made to learn the one I really wanted (Veracity).
In the end, I've learned all T2 prefixes for the Redoubt path, finishing with Veracity on attempt #220, but it was over 160 before I even learned my second T2 prefix, the rest resulting in "You have already learned that schematic."
So, yes, it's an incredibly harsh mechanic, because that's 1320 Primeval Artifact Fragments, 880 Upari Crystals, 880 Lorrdian Gemstones (blue Mission crewskill item), 440 Cortosis Substrates, minus the few you get back for the Reverse Engineering itself, of course.
If any good news can come of it, it's that I quite reliably saw a "try" (either a learn or an "already learned" message) every 20 attempts, for a 5% T2 learn rate. Now, this may fluctuate with recipe level (I was doing top-level gear, and it seems like early stuff is easier to learn), but it's a good benchmark for the most desirable stuff.