That's one of the big differences: the only thing a normal person in France, Germany or the rest of western Europe* could do that involves a 1200/month repayment is buy property (or an absolutely ridiculous car). A lot of the younger employees I work with
got paid while doing their bachelor's degrees because they did dual degree programs, where they're employed by a big industrial company and alternate terms having internships within the company and taking courses at the university the company partners with.
* I say "western Europe" because I know that university fees in the UK are higher, and this is the region I currently know enough to say this about, but I imagine university fees are similarly low in eastern and southern Europe.