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Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Numerator:                      
Net income $ 141,352 $ 128,458 $ 150,277 $ 158,189 $ 147,512 $ 103,878 $ 109,832 $ 126,254 $ 578,276 $ 487,476 $ 288,934
Preferred stock dividends 3,885 4,153 4,331 4,468 4,199 4,124 3,920 3,397 16,837 15,640 15,714
Net income attributable to SLM Corporation common stock $ 137,467 $ 124,305 $ 145,946 $ 153,721 $ 143,313 $ 99,754 $ 105,912 $ 122,857 $ 561,439 $ 471,836 $ 273,220
Denominator:                      
Weighted average shares used to compute basic EPS (in shares)                 427,292 435,054 431,216
Effect of dilutive securities:                      
Dilutive effect of stock options, restricted stock, restricted stock units and Employee Stock Purchase Plan (ESPP) (in shares)                 3,382 4,627 7,335
Weighted average shares used to compute diluted EPS (in shares)                 430,674 439,681 438,551
Basic earnings per common share attributable to SLM Corporation (in usd per share) $ 0.33 $ 0.29 $ 0.34 $ 0.35 $ 0.33 $ 0.23 $ 0.24 $ 0.28 $ 1.31 $ 1.08 $ 0.63
Diluted earnings per common share attributable to SLM Corporation (in usd per share) $ 0.32 $ 0.29 $ 0.34 $ 0.35 $ 0.33 $ 0.23 $ 0.24 $ 0.28 $ 1.30 $ 1.07 $ 0.62
Antidilutive securities excluded from computation of earnings per share (in shares)                 0 1,000 0