The invention further discloses a method for making paper from waste paper. The method includes the following steps of 1, pulping, wherein the waste paper is put in a 60 DEG C constant-temperature water bath tank to be heated, the concentration is adjusted to range from 4% to 6%, and the waste paper is added into a stirrer to be pulped for 40 min; 2, deinking, wherein deinking is carried out through a floatation washing method, wherein a deinking agent is a mixture of an acrylonitrile-butadiene-styrene copolymer, potassium oleate and octaphenyl polyoxyethyiene at the ratio of 3:2:1; 3, impurity removing, wherein printing ink particles in paper pulp are removed; 4, decoloring, wherein the paper pulp is bleached through white rot fungi, printing ink fine particles in the paper pulp are removed again, the PH value is controlled to range from 3 to 5, and the temperature is 40 DEG C; 5, secondary impurity removing, wherein impurities of the bleached paper pulp are removed; 6, forming, wherein wet paper web is formed through a net feeding device; 7, drying, wherein the wet paper web enters a pressure-shoe-shaped squeezing part for dewatering pressing, the squeezed wet paper web enters a drying cylinder to be dried, and the finished paper is obtained after cutting.