According to the Yandere Simulator Wiki , Paper has the following characteristics: It can be found in the Faculty Room at Akademi.
Beyond standard paper, the game features several specialized paper-based items used for stealth and elimination:
In 1980s Mode , these can be found on tables behind desks in the Faculty Room and are used for various objective-based tasks. Fan Culture: "Paper" Crossovers
Located in the Faculty Room between teacher desks. Players can steal or duplicate these via Info-chan to frame rivals for cheating or complete student tasks.
The Newspaper Club on the third floor is where members use typewriters to write the school newspaper . In 1980s Mode , this room replaces Info-chan’s room and is used for spreading rumors to sabotage a rival's reputation.
It does not take up any space in the protagonist’s inventory, but its presence can be verified by checking the Inventory section of the phone menu.