Resolved Question

Hearing loss can affect a child's ability to learn to talk, their specch as in how they form words or sounds etc. Can affect their learning process when the become school aged. However in school their should be an IEP--individual education plan. Which should address the hearing loss to give your child the best oppurtunity and enviroment to learn. For example having them sit at the front of the class, making sure people speak slowly and clearly while looking at them--those are just examples.
It doesn't mean your child is destined to lose their ability to hear. Just means somethings may need to be modified slightly for them.
My son didn't really learn to talk until almost 2, as he had chronic fluid in his eardrums. Which made it sound like he was under water. How can you learn to talk then? We have had several sets of tubes, we go every 6 months to have a check with ENT they also check the pressure in his eardrums. They are hopeful he will outgrow this as he will be 8 in July. He still has a few speech patterns he has difficulty with, but they are not concerned until they get in 2nd grade. If he is still having problems then we will once again have speech therapy. Which we had almost 4 years of when he was younger.
Do not be afraid to talk to your DR, as they are the only ones who can give you the actual answers in your childs case. None of us here can, only give suggestions and maybe out own story. Best of luck to you and your child.