I don't think that's unreasonable. I think the most important thing is that people are taught how to calculate gas reserves, and that they use reasonable parameters that they (and their buddies) understand annd are comfortable with.I used 9m/min and a 3 minute stop which I find quite reasonable. If anything people are likely to blow past the stop under stress.
I do think it's better to err on the conservative side especially with newer divers, and it's very reassuring knowing that I have an ample gas reserve to handle emergencies.
However, my main gripe is with agencies and instructors that don't even teach or require any proper gas planning at all. I don't consider "be back on the boat with" to be sufficient planning, as the divers should understand and calculate themselves.