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Borrowings - Additional Information (Details) - USD ($)
3 Months Ended 12 Months Ended
Feb. 19, 2020
Feb. 12, 2020
Mar. 31, 2020
Dec. 31, 2019
Feb. 20, 2019
Line of Credit Facility [Line Items]          
Short-term borrowings     $ 0 $ 289,230,000  
Unsecured offering issued     $ 636,000,000 $ 1,110,000,000  
Estimated weighted average life of student loans     5 years 3 months 18 days 5 years 4 months 24 days  
Uncommitted federal funds     $ 125,000,000    
Lendable value of collateral     2,400,000,000 $ 3,200,000,000  
Unsecured borrowings          
Line of Credit Facility [Line Items]          
Short-term borrowings     0 0  
Private Education Loans 2019 Term A          
Line of Credit Facility [Line Items]          
Total loan amount securitized at inception   $ 636,000,000      
Amount of loan securitization sold to third parties   $ 636,000,000      
Ownership interest percentage   100.00%      
Proceeds from loan securitization sold to third parties   $ 634,000,000      
Loans pledged as collateral     665,000,000    
Principal amount of collateral     622,000,000    
Capitalized interest     43,000,000    
Class A and B Notes          
Line of Credit Facility [Line Items]          
Estimated weighted average life of student loans   4 years 2 months 4 days      
Class A and B Notes | London Interbank Offered Rate (LIBOR)          
Line of Credit Facility [Line Items]          
Basis spread on variable rate   0.88%      
Commercial Paper | ABCP borrowings          
Line of Credit Facility [Line Items]          
Private asset backed commercial paper education loan funding facility $ 2,000,000,000       $ 750,000,000
Ownership interest percentage in residual interest in ABCP facility 100.00%        
Short-term borrowings     $ 0 $ 289,000,000