Unfortunately the advise that you have received are correct. If the nerve is damaged to that extend then neither a hearing aid or cochlear implant is an option.
In the meantime - please remember to protect that other ear. Use hearing protection when you are in very noisy circumstances. Also remember to have your hearing evaluated on a regular basis. If you struggle a lot in noise, it is possible to try certain FM Systems that could be able to increase your signal to noise ratio, but still just with that benefit in your healthy ear.
Please let me know if you need any further information
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