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Earnings per Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Numerator:        
Net income $ 109,832 $ 70,617 $ 236,086 $ 165,560
Preferred stock dividends 3,920 3,974 7,317 9,549
Net income attributable to SLM Corporation common stock $ 105,912 $ 66,643 $ 228,769 $ 156,011
Denominator:        
Weighted average shares used to compute basic EPS (in shares) 435,187,000 431,245,000 434,573,000 430,572,000
Effect of dilutive securities:        
Dilutive effect of stock options, restricted stock and restricted stock units and Employee Stock Purchase Plan (ESPP) (in shares) 4,258,000 6,870,000 4,639,000 7,852,000
Weighted average shares used to compute diluted EPS (in shares) 439,445,000 438,115,000 439,212,000 438,424,000
Basic earnings per common share attributable to SLM Corporation (in dollars per share) $ 0.24 $ 0.15 $ 0.53 $ 0.36
Diluted earnings per common share attributable to SLM Corporation (in dollars per share) $ 0.24 $ 0.15 $ 0.52 $ 0.35
Securities excluded from computation of EPS (in shares) 0 0 0 0