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Allowance for Credit Losses - Age Analysis of Past Due Loans Delinquencies (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Private Education Loans allowance for losses $ (1,361,723) $ (441,912) $ (341,121) $ (251,475)
Loans held for investment, net $ 19,183,143 $ 24,667,792    
Percentage of Private Education Loans in repayment, 2013 and prior     82.30%  
Percentage of Private Education Loans in repayment, 2020 59.60%      
Percentage of Private Education Loans in repayment, 2019 64.70% 58.20%    
Percentage of Private Education Loans in repayment, 2018 71.30% 65.40% 58.20%  
Percentage of Private Education Loans in repayment, 2017 75.30% 71.20% 64.00%  
Percentage of Private Education Loans in repayment, 2016 80.00% 77.20% 72.00%  
Percentage of Private Education Loans in repayment, 2014 and prior 84.70% 85.40% 78.30%  
Percentage of Private Education Loans in repayment 72.50% 72.40% 71.50%  
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, 2020 0.50%      
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, 2019 1.20% 0.60%    
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, 2018 2.40% 1.20% 0.60%  
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, 2017 3.20% 2.40% 1.20%  
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, 2016 3.80% 3.20% 2.30%  
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, 2015 and prior 4.80% 4.00% 3.10%  
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, 2014 and prior   5.00% 3.80%  
Delinquencies As Percentage Of Loans In Repayment, Originated Six Years Before Current Fiscal YearDelinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, 2013 and prior     5.10%  
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, total 2.80% 2.80% 2.60%  
Loans in forbearance as a percentage of loans in repayment and forbearance, 2020 0.80%      
Loans in forbearance as a percentage of loans in repayment and forbearance, 2019 3.40% 0.90%    
Loans in forbearance as a percentage of loans in repayment and forbearance, 2018 5.00% 3.30% 0.60%  
Loans in forbearance as a percentage of loans in repayment and forbearance, 2017 5.90% 4.80% 3.20%  
Loans in forbearance as a percentage of loans in repayment and forbearance, 2016 5.90% 5.20% 4.30%  
Loans in forbearance as a percentage of loans in repayment and forbearance, 2015   5.20% 4.80%  
Loans in forbearance as a percentage of loans in repayment and forbearance, 2014 and prior 4.90% 4.70% 5.00%  
Loans in forbearance as a percentage of loans in repayment and forbearance 4.30% 4.10% 3.80%  
Student Loan | Consumer Portfolio Segment        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
2020 $ 2,043,033      
2019 2,573,228 $ 2,340,221    
2018 2,045,012 3,159,878 $ 2,233,102  
2017 1,850,539 2,781,132 2,800,142  
2016 1,685,572 2,566,815 2,769,458  
2015 and Prior 3,701,564 2,225,721 2,533,550  
2014 and Prior   3,241,884 1,865,094  
2013 and Prior     2,088,359  
Total 13,898,948 16,315,651 14,289,705  
Loans In Repayment, Originated Seven Or More Years Before Current Fiscal Year     2,199,514  
Total Private Education Loans in forbearance, 2019 2,603,996 2,355,395    
Total Private Education Loans in forbearance, 2018 2,096,368 3,199,351 2,247,526  
Total Private Education Loans in forbearance, 2017 1,912,370 2,850,380 2,832,910  
Total Private Education Loans in forbearance, 2016 1,752,386 2,651,946 2,835,181  
Total Private Education Loans in forbearance, 2015 and Prior 3,887,180 2,317,788 2,613,796  
Total Private Education Loans in repayment, 2014 and prior   3,412,810 1,937,929  
Private Education Loans in forbearance, total 14,304,821 16,787,670 14,666,856  
Total Private Education Loans, gross, 2020 3,442,765      
Total Private Education Loans, gross, 2019 4,026,848 4,047,048    
Total Private Education Loans, gross, 2018 2,940,511 4,888,373 3,864,545  
Total Private Education Loans, gross, 2017 2,539,794 4,003,485 4,423,883  
Total Private Education Loans, gross, 2016 2,189,222 3,433,858 3,938,366  
Total Private Education Loans, gross, 2015   2,821,172 3,336,377  
Total Private Education Loans, gross, 2014     2,353,607  
Total Private Education Loans, gross, 2013     2,587,687  
Total Private Education Loans, gross 19,729,337 23,189,591 20,504,465  
Private Education Loans deferred origination costs and unamortized premium/(discount), 2020 21,129      
Private Education Loans deferred origination costs and unamortized premium/(discount), 2019 13,933 23,661    
Private Education Loans deferred origination costs and unamortized premium/(discount), 2018 8,671 17,699 20,433  
Private Education Loans deferred origination costs and unamortized premium/(discount), 2017 6,708 13,843 16,362  
Private Education Loans deferred origination costs and unamortized premium/(discount), 2016 5,721 12,304 14,747  
Private Education Loans deferred origination costs and unamortized premium/(discount), 2015   8,564 10,422  
Private Education Loans deferred origination costs and unamortized premium/(discount), 2014 7,313 5,153 4,992  
Private Education Loans deferred origination costs and unamortized premium/(discount), 2013     1,365  
Private Education Loans deferred origination costs and unamortized premium/(discount), Total 63,475 81,224 68,321  
Total Private Education Loans, 2020 3,463,894      
Total Private Education Loans, 2019 4,040,781 4,070,709    
Total Private Education Loans, 2018 2,949,182 4,906,072 3,884,978  
Total Private Education Loans, 2017 2,546,502 4,017,328 4,440,245  
Total Private Education Loans, 2016 2,194,943 3,446,162 3,953,113  
Total Private Education Loans, 2015   2,829,736 3,346,799  
Total Private Education Loans, 2014 and Prior 4,597,510 4,000,808 2,358,599  
Total Private Education Loans, 2013 and Prior     2,589,052  
Loans, Before Allowance For Credit Loss 19,792,812 23,270,815 20,572,786  
Financing Receivable, Allowance For Credit Loss, Originated Six Or More Years Before Current Fiscal Year     90,041  
Private Education Loans allowance for losses, 2020 (210,875)      
Private Education Loans allowance for losses, 2019 (298,776) (3,013)    
Private Education Loans allowance for losses, 2018 (218,136) (19,105) (2,670)  
Private Education Loans allowance for losses, 2017 (184,265) (44,858) (15,469)  
Private Education Loans allowance for losses, 2016 (150,150) (71,598) (43,469)  
Private Education Loans allowance for losses, 2015   80,974 63,442  
Private Education Loans allowance for losses, 2015 and prior (293,642) (154,752) (62,852)  
Private Education Loans allowance for losses (1,355,844) (374,300) (277,943)  
Financing Receivable, after Allowance for Credit Loss, Originated Six Or More Years Before Current Fiscal Year     2,499,011  
Private Education Loans, net, 2020 3,253,019      
Private Education Loans, net, 2019 3,742,005 4,067,696    
Private Education Loans, net, 2018 2,731,046 4,886,967 3,882,308  
Private Education Loans, net, 2017 2,362,237 3,972,470 4,424,776  
Private Education Loans, net, 2016 2,044,793 3,374,564 3,909,644  
Private Education Loans, net, 2015   2,748,762 3,283,357  
Private Education Loans, net, 2014 and prior 4,303,868 3,846,056 2,295,747  
Loans held for investment, net 18,436,968 22,896,515 20,294,843  
Student Loan | Consumer Portfolio Segment | Loans delinquent 31-60 days        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
2020 6,400      
2019 16,983 11,152    
2018 26,934 26,096 10,263  
2017 30,771 44,382 22,219  
2016 33,040 51,656 41,788  
2015 and Prior 91,400 54,559 49,762  
2014 and Prior   100,206 43,291  
2013 and Prior     63,893  
Total 205,528 288,051 231,216  
Student Loan | Consumer Portfolio Segment | Loans delinquent 61-90 days        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
2020 2,628      
2019 9,143 3,087    
2018 15,026 9,527 3,521  
2017 18,121 17,048 7,227  
2016 19,064 21,161 15,893  
2015 and Prior 55,661 24,562 19,935  
2014 and Prior   45,917 18,561  
2013 and Prior     29,968  
Total 119,643 121,302 95,105  
Student Loan | Consumer Portfolio Segment | Loans delinquent greater than 90 days        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
2020 460      
2019 4,642 935    
2018 9,396 3,850 640  
2017 12,939 7,818 3,322  
2016 14,710 12,314 8,042  
2015 and Prior 38,555 12,946 10,549  
2014 and Prior   24,803 10,983  
2013 and Prior     17,294  
Total 80,702 62,666 50,830  
Student Loan | Loans In-School/Grace/Deferment | Consumer Portfolio Segment        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
2020 1,374,085      
2019 1,330,175 1,670,644    
2018 733,824 1,580,513 1,602,476  
2017 508,478 1,010,764 1,497,955  
2016 327,763 635,798 975,796  
2015 and Prior 504,715 375,585 589,558  
2014 and Prior   414,101 314,393  
2013 and Prior     280,267  
Total 4,779,040 5,687,405 5,260,445  
Student Loan | Loans In Forbearance | Consumer Portfolio Segment        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total Private Education Loans in forbearance, 2020 16,159      
Total Private Education Loans in forbearance, 2019   21,009    
Total Private Education Loans in forbearance, 2018   108,509    
Total Private Education Loans in forbearance, 2017   142,341    
Total Private Education Loans in forbearance, 2016   146,114    
Total Private Education Loans in forbearance, 2015 and Prior   127,799    
Total Private Education Loans in repayment, 2014 and prior   168,744    
Private Education Loans in forbearance, total   714,516    
Total Private Education Loans in forbearance, 2018 110,319   14,543  
Total Private Education Loans in forbearance, 2017 118,946   93,018  
Total Private Education Loans in forbearance, 2016 109,073   127,389  
Private Education Loans in forbearance, total 645,476   577,164  
Total Private Education Loans in forbearance, 2015 and Prior 198,302   $ 133,023  
Personal Loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total 0 1,049,007    
Private Education Loans allowance for losses 0 (65,877)    
Loans held for investment, net $ 0 $ 983,643