I don't believe new fish keepers should be coddled into thinking half assed water quality is acceptable.
Me either. That's why I didn't get into the nitrates argument, who gives a flying F what some study presents as fact with regards to nitrate toxicity, the bottom line is as nitrates rise (which are easy to monitor with a simple nitrate kit) so does a plethora of pollutants, bacteria, etc, that are known by science (and even common simple folk) to harm a fish over time.
I think some people like to argue just for arguments sake. Nitrate toxicity is not the be all to end all in this discussion. Clearly the OP screwed up starting with cycling a tank with an oscar (and other) fish in it. And other then a short term QT tank, any idiot knows that a 40 gallon is not suitable to keep an oscar in, let alone with other fish. This was a recipe for disaster from the get go. Hopefully the OP learns from it. Good luck.