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Earnings per Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Numerator:        
Net income $ 128,458 $ 103,878 $ 436,924 $ 339,964
Preferred stock dividends 4,153 4,124 12,952 11,441
Net income attributable to SLM Corporation common stock $ 124,305 $ 99,754 $ 423,972 $ 328,523
Denominator:        
Weighted average shares used to compute basic EPS (in shares) 424,149,000 435,468,000 429,295,000 434,875,000
Effect of dilutive securities:        
Dilutive effect of stock options, restricted stock and restricted stock units and Employee Stock Purchase Plan (ESPP) (in shares) 3,187,000 4,551,000 3,277,000 4,609,000
Weighted average shares used to compute diluted EPS (in shares) 427,336,000 440,019,000 432,572,000 439,484,000
Basic earnings per common share attributable to SLM Corporation (in dollars per share) $ 0.29 $ 0.23 $ 0.99 $ 0.76
Diluted earnings per common share attributable to SLM Corporation (in dollars per share) $ 0.29 $ 0.23 $ 0.98 $ 0.75
Antidilutive securities excluded from computation of earnings per share (in shares) 0 0 0 0