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Allowance for Loan Losses - Allowance and Recorded Investments in Loans (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Jan. 01, 2020
Allowance for Loan Losses              
Beginning balance $ 1,673,324 $ 441,912 $ 358,325 $ 441,912 $ 341,121 $ 341,121  
Provision for current period 253,146     428,134      
Loan sale reduction to provision 0     (161,793)      
Total provision 253,146   92,915 266,341 158,575    
Net charge-offs:              
Charge-offs (46,505)   (74,627) (117,454) (129,689)    
Recoveries 6,868   7,384 16,386 13,990    
Net charge-offs 39,637   67,243 101,068 115,699    
Ending Balance 1,929,323 1,673,324 383,997 1,929,323 383,997 441,912  
Allowance:              
Ending balance: individually evaluated for impairment 160,234   146,403 160,234 146,403    
Ending balance: collectively evaluated for impairment 1,769,089   237,594 1,769,089 237,594    
Loans:              
Ending balance: individually evaluated for impairment 1,520,240   1,411,189 1,520,240 1,411,189    
Ending balance: collectively evaluated for impairment 21,502,357   22,164,795 21,502,357 22,164,795    
Provisions for credit losses for new loan commitments made during the quarter 98,741     146,804      
Total provision for allowance for loan losses 253,146     266,341      
Provisions for credit losses reported in consolidated statements of operations 351,887   93,375 413,145 157,165    
Cumulative Effect, Period Of Adoption, Adjustment              
Allowance for Loan Losses              
Transfer from unfunded commitment liability 42,490     179,085      
Net charge-offs:              
Day 1 adjustment for the adoption of CECL             $ 1,143,053
FFELP Loans              
Allowance for Loan Losses              
Beginning balance 4,296 1,633 1,760 1,633 977 977  
Provision for current period 173     210      
Loan sale reduction to provision 0     0      
Total provision 173   145 210 1,162    
Net charge-offs:              
Charge-offs (84)   (171) (310) (405)    
Recoveries 0   0 0 0    
Net charge-offs 84   171 310 405    
Ending Balance 4,385 4,296 1,734 4,385 1,734 1,633  
Allowance:              
Ending balance: individually evaluated for impairment 0   0 0 0    
Ending balance: collectively evaluated for impairment 4,385   1,734 4,385 1,734    
Loans:              
Ending balance: individually evaluated for impairment 0   0 0 0    
Ending balance: collectively evaluated for impairment $ 754,340   $ 812,500 $ 754,340 $ 812,500    
Net charge-offs as a percentage of average loans in repayment (annualized) 0.07%   0.11% 0.11% 0.13%    
Allowance as a percentage of the ending total loan balance 0.58%   0.21% 0.58% 0.21%    
Allowance as a percentage of the ending loans in repayment 0.97%   0.28% 0.97% 0.28%    
Allowance coverage of net charge-offs (annualized) 13.05   2.54 7.07 2.14    
Ending total loans, gross $ 754,340   $ 812,500 $ 754,340 $ 812,500    
Average loans in repayment 513,418   634,932 553,402 642,693    
Ending loans in repayment 452,617   620,292 452,617 620,292    
FFELP Loans | Cumulative Effect, Period Of Adoption, Adjustment              
Allowance for Loan Losses              
Transfer from unfunded commitment liability 0     0      
Net charge-offs:              
Day 1 adjustment for the adoption of CECL             2,852
Private Education Loans              
Allowance for Loan Losses              
Beginning balance 1,515,781 374,300 285,946 374,300 277,943 277,943  
Provision for current period 228,535     377,877      
Loan sale reduction to provision 0     (161,793)      
Total provision 228,535   71,296 216,084 113,179    
Net charge-offs:              
Charge-offs (31,779)   (55,382) (83,248) (94,959)    
Recoveries 5,532   6,108 13,508 11,805    
Net charge-offs 26,247   49,274 69,740 83,154    
Ending Balance 1,760,559 1,515,781 307,968 1,760,559 307,968 374,300  
Allowance:              
Ending balance: individually evaluated for impairment 160,234   146,403 160,234 146,403    
Ending balance: collectively evaluated for impairment 1,600,325   161,565 1,600,325 161,565    
Loans:              
Ending balance: individually evaluated for impairment 1,520,240   1,411,189 1,520,240 1,411,189    
Ending balance: collectively evaluated for impairment $ 19,965,225   $ 20,217,658 $ 19,965,225 $ 20,217,658    
Net charge-offs as a percentage of average loans in repayment (annualized) 0.75%   1.29% 0.91% 1.09%    
Allowance as a percentage of the ending total loan balance 8.19%   1.42% 8.19% 1.42%    
Allowance as a percentage of the ending loans in repayment 12.13%   2.01% 12.13% 2.01%    
Allowance coverage of net charge-offs (annualized) 16.77   1.56 12.62 1.85    
Ending total loans, gross $ 21,485,465   $ 21,628,847 $ 21,485,465 $ 21,628,847    
Average loans in repayment 14,011,841   15,241,574 15,306,349 15,188,003    
Ending loans in repayment 14,512,723   15,332,251 14,512,723 15,332,251    
Private Education Loans | Cumulative Effect, Period Of Adoption, Adjustment              
Allowance for Loan Losses              
Transfer from unfunded commitment liability 42,490     179,085      
Net charge-offs:              
Day 1 adjustment for the adoption of CECL             1,060,830
Personal Loans              
Allowance for Loan Losses              
Beginning balance 152,673 65,877 70,619 65,877 62,201 62,201  
Provision for current period 23,929     49,247      
Loan sale reduction to provision 0     0      
Total provision 23,929   21,474 49,247 44,234    
Net charge-offs:              
Charge-offs (14,601)   (19,074) (33,848) (34,325)    
Recoveries 1,336   1,276 2,878 2,185    
Net charge-offs 13,265   17,798 30,970 32,140    
Ending Balance 163,337 152,673 74,295 163,337 74,295 65,877  
Allowance:              
Ending balance: individually evaluated for impairment 0   0 0 0    
Ending balance: collectively evaluated for impairment 163,337   74,295 163,337 74,295    
Loans:              
Ending balance: individually evaluated for impairment 0   0 0 0    
Ending balance: collectively evaluated for impairment $ 772,086   $ 1,134,637 $ 772,086 $ 1,134,637    
Net charge-offs as a percentage of average loans in repayment (annualized) 6.87%   6.20% 7.13% 5.53%    
Allowance as a percentage of the ending total loan balance 21.16%   6.55% 21.16% 6.55%    
Allowance as a percentage of the ending loans in repayment 22.46%   6.55% 22.46% 6.55%    
Allowance coverage of net charge-offs (annualized) 3.08   1.04 2.64 1.16    
Ending total loans, gross $ 772,086   $ 1,134,637 $ 772,086 $ 1,134,637    
Average loans in repayment 772,137   1,148,444 869,133 1,161,761    
Ending loans in repayment 727,214   $ 1,134,637 727,214 $ 1,134,637    
Personal Loans | Cumulative Effect, Period Of Adoption, Adjustment              
Allowance for Loan Losses              
Transfer from unfunded commitment liability 0     0      
Net charge-offs:              
Day 1 adjustment for the adoption of CECL             79,183
Credit Cards              
Allowance for Loan Losses              
Beginning balance 574 102   102      
Provision for current period 509     800      
Loan sale reduction to provision 0     0      
Total provision 509     800      
Net charge-offs:              
Charge-offs (41)     (48)      
Recoveries 0     0      
Net charge-offs 41     48      
Ending Balance 1,042 $ 574   1,042   $ 102  
Allowance:              
Ending balance: individually evaluated for impairment 0     0      
Ending balance: collectively evaluated for impairment 1,042     1,042      
Loans:              
Ending balance: individually evaluated for impairment 0     0      
Ending balance: collectively evaluated for impairment $ 10,706     $ 10,706      
Net charge-offs as a percentage of average loans in repayment (annualized) 1.77%     1.31%      
Allowance as a percentage of the ending total loan balance 9.73%     9.73%      
Allowance as a percentage of the ending loans in repayment 9.73%     9.73%      
Allowance coverage of net charge-offs (annualized) 6.35     10.85      
Ending total loans, gross $ 10,706     $ 10,706      
Average loans in repayment 9,265     7,326      
Ending loans in repayment 10,706     10,706      
Credit Cards | Cumulative Effect, Period Of Adoption, Adjustment              
Allowance for Loan Losses              
Transfer from unfunded commitment liability $ 0     $ 0      
Net charge-offs:              
Day 1 adjustment for the adoption of CECL             $ 188