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Allowance for Credit Losses - Age Analysis of Past Due Loans Delinquencies (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Private Education Loans allowance for losses $ (1,179,021) $ (1,361,723) $ (1,673,324) $ (441,912)
Loans held for investment, net $ 20,368,287 $ 19,183,143    
Percentage of Private Education Loans in repayment, 2021 55.80% 59.60%    
Percentage of Private Education Loans in repayment, 2020 60.20% 64.70%    
Percentage of Private Education Loans in repayment, 2019 65.20% 71.30%    
Percentage of Private Education Loans in repayment, 2018 71.40% 75.30%    
Percentage of Private Education Loans in repayment, 2017 75.20% 80.00%    
Percentage of Private Education Loans in repayment, 2016 and prior 83.10% 84.70%    
Percentage of Private Education Loans in repayment 71.20% 72.50%    
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, 2021 0.10% 0.50%    
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, 2020 0.30% 1.20%    
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, 2019 1.00% 2.40%    
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, 2018 1.90% 3.20%    
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, 2017 2.70% 3.80%    
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment, 2016 and prior 3.50% 4.80%    
Delinquent Private Education Loans in repayment as a percentage of Private Education Loans in repayment 2.10% 2.80%    
Loans in forbearance as a percentage of loans in repayment and forbearance, 2021 0.30% 0.80%    
Loans in forbearance as a percentage of loans in repayment and forbearance, 2020 0.80% 3.40%    
Loans in forbearance as a percentage of loans in repayment and forbearance, 2019 3.40% 5.00%    
Loans in forbearance as a percentage of loans in repayment and forbearance, 2018 4.50% 5.90%    
Loans in forbearance as a percentage of loans in repayment and forbearance, 2017 5.40% 5.90%    
Loans in forbearance as a percentage of loans in repayment and forbearance, 2016 and Prior 4.70% 4.90%    
Loans in forbearance as a percentage of loans in repayment and forbearance 3.70% 4.30%    
Student Loan | Consumer Portfolio Segment        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
2021 $ 418,103      
2020 2,747,747 $ 2,043,033    
2019 2,491,380 2,573,228    
2018 1,955,468 2,045,012    
2017 1,755,863 1,850,539    
2016 and prior 5,102,866 1,685,572    
2015 and Prior   3,701,564    
Total 14,471,427 13,898,948    
Total Private Education Loans in repayment, 2021 418,469      
Total Private Education Loans in repayment, 2020 2,757,024 2,052,521    
Total Private Education Loans in repayment, 2019 2,517,627 2,603,996    
Total Private Education Loans in repayment, 2018 1,993,924 2,096,368    
Total Private Education Loans in repayment, 2017 1,803,993 1,912,370    
Total Private Education Loans in repayment, 2016 5,286,902 1,752,386    
Total Private Education Loans in repayment, 2015 and prior   3,887,180    
Total Private Education Loans in repayment 14,777,939 14,304,821    
Total Private Education Loans, gross, 2021 750,072 3,442,765    
Total Private Education Loans, gross, 2020 4,577,417 4,026,848    
Total Private Education Loans, gross, 2019 3,862,277 2,940,511    
Total Private Education Loans, gross, 2018 2,791,354 2,539,794    
Total Private Education Loans, gross, 2017 2,397,399 2,189,222    
Total Private Education Loans, gross, 2016 and prior 6,363,321 4,590,197    
Total Private Education Loans, gross 20,741,840 19,729,337    
Private Education Loans deferred origination costs and unamortized premium/(discount), 2021 5,487 21,129    
Private Education Loans deferred origination costs and unamortized premium/(discount), 2020 19,922 13,933    
Private Education Loans deferred origination costs and unamortized premium/(discount), 2019 12,925 8,671    
Private Education Loans deferred origination costs and unamortized premium/(discount), 2018 7,977 6,708    
Private Education Loans deferred origination costs and unamortized premium/(discount), 2017 6,153 5,721    
Private Education Loans deferred origination costs and unamortized premium/(discount), 2016 12,004 7,313    
Private Education Loans deferred origination costs and unamortized premium/(discount), Total 64,468 63,475    
Total Private Education Loans, 2021 755,559 3,463,894    
Total Private Education Loans, 2020 4,597,339 4,040,781    
Total Private Education Loans, 2019 3,875,202 2,949,182    
Total Private Education Loans, 2018 2,799,331 2,546,502    
Total Private Education Loans, 2017 2,403,552 2,194,943    
Total Private Education Loans, 2016 and Prior 6,375,325 4,597,510    
Total Private Education Loans 20,806,308 19,792,812    
Private Education Loans allowance for losses, 2021 (35,515) (210,875)    
Private Education Loans allowance for losses, 2020 (252,247) (298,776)    
Private Education Loans allowance for losses, 2019 (239,917) (218,136)    
Private Education Loans allowance for losses, 2018 (169,296) (184,265)    
Private Education Loans allowance for losses, 2017 (140,894) (150,150)    
Private Education Loans allowance for losses, 2016 and prior (335,506) (293,642)    
Private Education Loans allowance for losses (1,173,375) (1,355,844)    
Private Education Loans, net, 2021 720,044 3,253,019    
Private Education Loans, net, 2020 4,345,092 3,742,005    
Private Education Loans, net, 2019 3,635,285 2,731,046    
Private Education Loans, net, 2018 2,630,035 2,362,237    
Private Education Loans, net, 2017 2,262,658 2,044,793    
Private Education Loans, net, 2016 and prior 6,039,819 4,303,868    
Loans held for investment, net 19,632,933 18,436,968    
Student Loan | Consumer Portfolio Segment | Loan delinquency 30-59 days        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
2021 366      
2020 6,587 6,400    
2019 14,015 16,983    
2018 19,145 26,934    
2017 24,043 30,771    
2016 and prior 88,587 33,040    
2015 and Prior   91,400    
Total 152,743 205,528    
Student Loan | Consumer Portfolio Segment | Loan delinquency 60-89 days        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
2021 0      
2020 1,747 2,628    
2019 7,654 9,143    
2018 11,064 15,026    
2017 13,166 18,121    
2016 and prior 52,759 19,064    
2015 and Prior   55,661    
Total 86,390 119,643    
Student Loan | Consumer Portfolio Segment | Loan delinquency 90 days or greater past due        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
2021 0      
2020 943 460    
2019 4,578 4,642    
2018 8,247 9,396    
2017 10,921 12,939    
2016 and prior 42,690 14,710    
2015 and Prior   38,555    
Total 67,379 80,702    
Student Loan | Loans In-School/Grace/Deferment | Consumer Portfolio Segment        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
2021 330,417      
2020 1,798,922 1,374,085    
2019 1,255,241 1,330,175    
2018 703,917 733,824    
2017 489,599 508,478    
2016 and prior 815,578 327,763    
2015 and Prior   504,715    
Total 5,393,674 4,779,040    
Student Loan | Loans In Forbearance | Consumer Portfolio Segment        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total Private Education Loans in forbearance, 2021 1,186      
Total Private Education Loans in forbearance, 2020 21,471 16,159    
Total Private Education Loans in forbearance, 2019 89,409 92,677    
Total Private Education Loans in forbearance, 2018 93,513 110,319    
Total Private Education Loans in forbearance, 2017 103,807 118,946    
Total Private Education Loans in forbearance, 2016 and Prior 260,841 109,073    
Total Private Education Loans in forbearance, 2015 and Prior   198,302    
Total Private Education Loans in forbearance 570,227 645,476    
Student Loan, Borrowers Who Did Not Return To School And Received Extenstion | Consumer Portfolio Segment        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total Private Education Loans in repayment, 2021 482,000 609,000    
Student Loan, Borrowers Who Did Not Return To School And Received Extenstion | Loans In-School/Grace/Deferment | Consumer Portfolio Segment        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
2021 273,000 401,000    
Student Loan, Borrowers Who Did Not Return To School And Received Extenstion | Loans In Forbearance | Consumer Portfolio Segment        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total Private Education Loans in forbearance, 2021 $ 29,000 $ 30,000