The invention belongs to the field of waste liquid recycling, and provides a method for recycling a zinc ferrite solution. According to the method, hydrogen peroxide or ozone is added into the zinc ferrite solution, so that the hydrogen peroxide or ozone and metal in the zinc ferrite liquid form Fenton and a Fenton-like reaction to generate OH., and low-valent iron ions in the zinc ferrite solution are oxidized into ferric ions while various organic matters in the zinc ferrite liquid are oxidized. The ammonia water is added to adjust the pH value, ferric ions are made to generate ferric hydroxide, and finally iron mud is obtained through precipitation. The steps of stirring and washing are carried out on the iron mud by adopting a hydrochloric acid solution, zinc ions are washed, and the iron mud is purified, so that the iron mud has a certain recovery value, and meanwhile, zinc lost due to mud-water separation is reduced. The recycled water composed of a supernatant and the washing liquid meets the requirement for matching and recycling of the plating assistant agent, and discharging is not needed. Therefore, according to the method for recycling the zinc ferrite solution, zinc recycling is achieved, iron mud is recycled, and two purposes are achieved at a time.