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Loans Held for Investment - Additional Information (Details) - USD ($)
3 Months Ended 12 Months Ended
Jun. 30, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Jul. 01, 2006
Jun. 30, 2006
Sep. 30, 1993
Finance Receivable Transferred To Held For Sale [Line Items]              
Private loans indexed to LIBOR   58.00% 67.00%        
Gains on sales of loans, net   $ 0 $ 2,060,000 $ 0      
Tier 1 of government guarantee         97.00%    
Tier 2 of government guarantee           98.00%  
Tier 3 of government guarantee             100.00%
Estimated weighted average life of student loans   5 years 4 months 24 days 5 years 5 months        
Loans currently in repayment status that were subject to interest rate reductions   7.20% 6.40%        
Period of loans past due that have accrued interest   90 days          
Loans in nonaccrual status   $ 0 $ 0        
Percentage of loans concentrated in major states   39.40% 39.90%        
Percentage of aggregate outstanding loans held for investment   5.00%          
FFELP Loans              
Finance Receivable Transferred To Held For Sale [Line Items]              
Ninety or more days delinquent   $ 48,000,000 $ 43,000,000        
Private Education Loans              
Finance Receivable Transferred To Held For Sale [Line Items]              
Ninety or more days delinquent   63,000,000 51,000,000        
Private Education Loans              
Finance Receivable Transferred To Held For Sale [Line Items]              
Loans pledged to borrower in custody   $ 3,400,000,000 $ 3,400,000,000        
Maximum              
Finance Receivable Transferred To Held For Sale [Line Items]              
Interest rate reduction   4.00%          
Increase to life of loan defaults   14.00%          
Minimum              
Finance Receivable Transferred To Held For Sale [Line Items]              
Interest rate reduction   2.00%          
Increase to life of loan defaults   4.00%          
Discontinued Operations, Disposed of by Sale              
Finance Receivable Transferred To Held For Sale [Line Items]              
Split Loans portfolio sales price $ 43,000,000            
Gains on sales of loans, net $ 2,000,000