Abstract: A universally adjustable paper holder comprises first and second vertical extending U-shaped channel members. The vertical extending channel members are coupled to a supporting member in a manner to afford adjustment or separation between the members so that they can be adjusted according to the width of various sizes of paper to be accommodated between channels formed in the vertical U-shaped members. A horizontal cross bar member is adjustably coupled between the vertical members and can be moved in the vertical plane to be utilized as a guide to enable a user to demarcate a particular sentence or line of data which may be implemented on the document being retained by the paper holder.