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Borrowings - Additional Information (Details) - USD ($)
12 Months Ended
Feb. 12, 2020
Jun. 12, 2019
Mar. 13, 2019
Feb. 20, 2019
Sep. 19, 2018
Jun. 20, 2018
Mar. 21, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Feb. 19, 2020
Apr. 05, 2017
Debt Instrument [Line Items]                        
Amount drawn and outstanding under ABCP facility               $ 289,230,000 $ 0      
Total Issued               1,110,000,000 1,900,500,000      
Unsecured debt issued               $ 0 $ 0 $ 197,000,000    
Estimated weighted average life of student loans               5 years 4 months 24 days 5 years 5 months      
Discretionary uncommitted federal funds line of credit               $ 125,000,000        
Lendable value of collateral               3,200,000,000 $ 3,100,000,000      
Unsecured Debt                        
Debt Instrument [Line Items]                        
Amount drawn and outstanding under ABCP facility               0 0      
ABCP borrowings                        
Debt Instrument [Line Items]                        
Amount drawn and outstanding under ABCP facility               $ 289,230,000 0      
Contractual maturity related to ABCP facility               2 years        
Revolving period of contractual maturity               1 year        
Amortization period of contractual maturity               1 year        
Senior Unsecured Notes Due April 5, 2022 | Unsecured Debt                        
Debt Instrument [Line Items]                        
Total Issued               $ 198,000,000       $ 200,000,000
Interest rate                       5.125%
Private Education Loans 2019 Term A                        
Debt Instrument [Line Items]                        
Private education loan term accounted for as a secured financing     $ 453,000,000                  
Loans sold to third parties     $ 453,000,000                  
Ownership interest percentage on asset-backed financing     100.00%                  
Unsecured debt issued     $ 451,000,000                  
Loans pledged as collateral               445,000,000        
Principal amount of collateral               417,000,000        
Capitalized interest               28,000,000        
Class A and B Notes                        
Debt Instrument [Line Items]                        
Estimated weighted average life of student loans   4 years 4 months 28 days 4 years 3 months 3 days   4 years 3 months 25 days 4 years 4 months 24 days 4 years 5 months 4 days          
Class A and B Notes | London Interbank Offered Rate (LIBOR)                        
Debt Instrument [Line Items]                        
Basis spread on variable rate   1.01% 92.00%   0.77% 0.76% 0.78%          
Private Education Loans 2019 Term B                        
Debt Instrument [Line Items]                        
Private education loan term accounted for as a secured financing   $ 657,000,000                    
Loans sold to third parties   $ 657,000,000                    
Ownership interest percentage on asset-backed financing   100.00%                    
Unsecured debt issued   $ 655,000,000                    
Loans pledged as collateral               666,000,000        
Principal amount of collateral               625,000,000        
Capitalized interest               41,000,000        
Private Education Loans 2018 Term A                        
Debt Instrument [Line Items]                        
Private education loan term accounted for as a secured financing             $ 670,000,000          
Loans sold to third parties             $ 670,000,000          
Ownership interest percentage on asset-backed financing             100.00%          
Unsecured debt issued             $ 668,000,000          
Loans pledged as collateral               588,000,000        
Principal amount of collateral               553,000,000        
Capitalized interest               35,000,000        
Private Education Loans 2018 Term B                        
Debt Instrument [Line Items]                        
Private education loan term accounted for as a secured financing           $ 687,000,000            
Loans sold to third parties           $ 687,000,000            
Ownership interest percentage on asset-backed financing           100.00%            
Unsecured debt issued           $ 683,000,000            
Loans pledged as collateral               623,000,000        
Principal amount of collateral               585,000,000        
Capitalized interest               38,000,000        
Private Education Loans 2018 Term C                        
Debt Instrument [Line Items]                        
Private education loan term accounted for as a secured financing         $ 544,000,000              
Loans sold to third parties         $ 544,000,000              
Ownership interest percentage on asset-backed financing         100.00%              
Unsecured debt issued         $ 541,000,000              
Loans pledged as collateral               502,000,000        
Principal amount of collateral               471,000,000        
Capitalized interest               31,000,000        
ABS Transactions                        
Debt Instrument [Line Items]                        
Private education loan term accounted for as a secured financing                   $ 3,900,000,000    
Private Education Loans                        
Debt Instrument [Line Items]                        
Private education loan term accounted for as a secured financing               2,700,000,000        
Principal amount of collateral               2,600,000,000        
Capitalized interest               115,000,000        
Subsequent Event | Class A and B Notes                        
Debt Instrument [Line Items]                        
Estimated weighted average life of student loans 4 years 2 months 4 days                      
Subsequent Event | Class A and B Notes | London Interbank Offered Rate (LIBOR)                        
Debt Instrument [Line Items]                        
Basis spread on variable rate 0.88%                      
Commercial Paper | ABCP borrowings                        
Debt Instrument [Line Items]                        
Private education loan funding       $ 750,000,000                
Ownership interest percentage       100.00%                
Amount drawn and outstanding under ABCP facility               $ 289,000,000 $ 0      
Commercial Paper | Subsequent Event | ABCP borrowings                        
Debt Instrument [Line Items]                        
Private education loan funding                     $ 2,000,000,000