The invention discloses a polyamide waste recovery process, which comprises the following steps: adding polyamide waste into a compound solvent, heating to 50 DEG C to a solution reflux temperature, stirring until the polyamide waste is dissolved, carrying out decolorization treatment, and filtering to obtain a polyamide solution; adding the polyamide solution into water, precipitating polyamide in deionized water to separate out a solid, and separating to obtain recycled polyamide; wherein the compound solvent is prepared from the following components in parts by weight: 10 to 30 parts of phenol and 15 to 40 parts of methylbenzene. According to the invention, the solvent system mainly comprising phenol/toluene has the following advantages: 1, the solvent phenol can carry out secondary endcapping on polyamide, so the end capping rate is improved, and the hydrolysis resistance, alcoholysis resistance and aging resistance are improved; 2, polyamide can be fully separated out when the polyamide solution is added into deionized water, and the obtained polyamide is good in crystallization property; and 3, the phenol/toluene solvent system is low in volatility and irritation, relativelylow in damage to equipment under a high-temperature condition, green, environment-friendly and pollution-free.