...Nicely said; there are a lot of test kits out there but most only cover basic tests for things like PH, nitrite, nitrate, ammonia, etc. So using nitrate as a base to test the parameters of your water for all the things you cant see is a fairly solid way to get an idea on if you are doing enough water changes, etc. Also I agree on the "line drawing", more is better but this is a hobby not a job. IMO The only way to really tell if your doing the right amount of water changes is to test your water. If you are keeping your parameters in check then you're good, if not, then step it up.I know there is a lot of talk of this, and a lack of proper scientific evidence too, but obviously it does happen to some degree (thus why discus breeders do regular huge water changes on heavily stocked fry tanks). For a single small fish in a 90g tank I find it hard to imagine it would be an issue though. I know people say "more is better" in terms of water changes, so why not change 90% of your tank water twice daily? That's gotta be better than 75% every few days eh. You have to draw the line somewhere...
OP; your oscar isn't going to die if you can't/don't do 75% water changes every few days. If you want to do that (or more) then go for it, but I'm confident that you'll be able to keep it happy and healthy in that sized tank with a more conservative water change regime. At the end of the day it's your fish so you decide. Nitrate levels aren't the only reason to change water, but they can be used as an indication you're changing enough. If you keep them in check I'd say there's a good chance you're sufficiently diluting anything else too.
On a bit of a sidetrack:
Without adding a page full of quotes, I'd like to throw my hat into the ring on the Oscar size conversation: I have only kept 3 Oscars over the course of somewhere between 6-7 years, so anyone here is welcome to take my opinion with a grain of salt: Although I believe that 12" is what most people would consider average size for an adult O, I do not believe it is the max for well kept home aquarium O's with adequate tank size, optimal water parameters, a good feeding schedule and quality diet. I have never been on an Oscar max size picture hunt online but I can tell you that I currently have a 6 year old male O around the 13" mark and have lost an O (she was about 5 years old) in the past that was 14"+ ...sorry no measuring tape pics. That being said, I also have a 3+ year old female that just cant seem to hit the 12" mark and I doubt she ever will.
-OP, to answer the original question in the thread:
I would expect to change between 35-50% water weekly while performing a thorough gravel vacuum, you may even do this twice weekly if you have the time, or if the water parameters indicate that it's nessecary. At least thats what I've been doing for the past few years with my O's and it seems to be working out fairly well.
This is just my opinion of course, I'm sure you'll find it differs from many others online. As stated before, if you keep your eye on water quality/parameters, perform adequate tank husbandry and keep a good feeding schedule; then you should be able to figure out what percentage of water should be changed out weekly. I personally shoot for less than 20ppm nitrate at the end of the week before my water change, if its higher than that before the change, then I just do more.
Good luck with your new O, make sure to post up some pics of your new tank and fish once you've got everything all set up!