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Train fares are up to 30 times more expensive than planes in Europe
(edition.cnn.com)
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The difference will not be as big as it seems, 50 Euro is perhaps Ryanair basic fare. I am sure they will charge you for even the carry-on luggage and they fly you far away from Paris. If you go to CDG it will be around 100 euro which is still less than the train but not much more.
Milan Paris is served by TGV InOui and Trenitalia and the prices were nowhere near that different. Trenitalia is somewhere between 80-120 Euro each way which is the similar price you would pay for EasyJet on this same route. When I took this train last week (both ways) they tended to be full, you normally cannot find last minute tickets, so the demand is there it seems.
Don't get me wrong there is a lot of room for improvement (really a lot) try to go a bit further maybe to go to Venice instead of Milan and you are looking at 150-200 Euro fare and that's with the same operator.