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Borrowings - Additional Information (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 21, 2018
Feb. 21, 2018
Mar. 31, 2018
Dec. 31, 2017
Apr. 05, 2017
Dec. 31, 2016
Line of Credit Facility [Line Items]            
Short-term borrowings     $ 0 $ 0    
Unsecured offering issued     $ 670,000,000 $ 1,448,000,000   $ 1,782,000,000
Estimated weighted average life of student loans (in years)     5 years 5 months 5 days 5 years 6 months 5 days    
Uncommitted federal funds     $ 125,000,000      
Lendable value of collateral     2,500,000,000 $ 2,600,000,000    
ABCP borrowings | Commercial Paper            
Line of Credit Facility [Line Items]            
Private asset backed commercial paper education loan funding facility   $ 750,000,000        
Ownership interest percentage in residual interest in ABCP facility   100.00%        
Short-term borrowings     0      
Private Education Loans            
Line of Credit Facility [Line Items]            
Total loan amount securitized at inception $ 670,000,000          
Amount of loan securitization sold to third parties $ 670,000,000          
Class A Notes            
Line of Credit Facility [Line Items]            
Ownership interest percentage 100.00%          
Proceeds from loan securitization sold to third parties $ 668,000,000          
Class A and B Notes            
Line of Credit Facility [Line Items]            
Estimated weighted average life of student loans (in years) 4 years 5 months 5 days          
Private Education Loans, 2016 Term A            
Line of Credit Facility [Line Items]            
Loans pledged as collateral     701,000,000      
LIBOR | ABCP borrowings | Commercial Paper            
Line of Credit Facility [Line Items]            
Basis spread on variable rate   0.85%        
LIBOR | Class A and B Notes            
Line of Credit Facility [Line Items]            
Basis spread on variable rate 0.78%          
Minimum | ABCP borrowings | Commercial Paper            
Line of Credit Facility [Line Items]            
Financing cost percentage of unused borrowing capacity   0.35%        
Maximum | ABCP borrowings | Commercial Paper            
Line of Credit Facility [Line Items]            
Financing cost percentage of unused borrowing capacity   0.45%        
Unsecured borrowings            
Line of Credit Facility [Line Items]            
Short-term borrowings     0 $ 0    
Unsecured borrowings | Senior Unsecured Notes Due April 5, 2022            
Line of Credit Facility [Line Items]            
Unsecured offering issued     $ 197,000,000   $ 200,000,000  
Interest rate stated percentage         5.125%