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Fair Value Measurements - Fair Values of Financial Assets and Liabilities, Including Derivative Financial Instruments (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Earning assets    
Loans held for sale $ 0 $ 340,389
Trading investments 30,594 16,923
Accrued interest receivable, difference 108,633 140,511
Tax indemnification receivable 169,655 374,706
Total earning assets, difference 3,380,177 4,182,834
Interest-bearing liabilities    
Long-term borrowings, difference (199,096) (209,092)
Total interest-bearing liabilities, difference (408,148) (479,976)
Excess of net asset fair value over carrying value 2,972,029 3,702,858
Money-market and savings accounts    
Interest-bearing liabilities    
Deposits, difference (54,706) (68,927)
Certificates of deposit    
Interest-bearing liabilities    
Deposits, difference (154,346) (201,957)
Fair Value    
Earning assets    
Loans held for sale 0 3,226,029
Cash and cash equivalents 6,207,001 4,455,292
Trading investments 30,594 16,923
Available-for-sale investments 2,115,885 1,996,634
Accrued interest receivable 1,373,593 1,527,816
Tax indemnification receivable 15,678 18,492
Derivative instruments 1,054 729
Total earning assets 33,383,636 34,126,992
Interest-bearing liabilities    
Long-term borrowings 5,117,766 5,398,309
Accrued interest payable 79,231 60,272
Derivative instruments 451 287
Total interest-bearing liabilities 28,207,823 28,394,651
Fair Value | Money-market and savings accounts    
Interest-bearing liabilities    
Deposits 11,961,848 11,136,560
Fair Value | Certificates of deposit    
Interest-bearing liabilities    
Deposits 11,048,527 11,799,223
Carrying Value    
Earning assets    
Loans held for sale 0 2,885,640
Cash and cash equivalents 6,207,001 4,455,292
Trading investments 30,594 16,923
Available-for-sale investments 2,115,885 1,996,634
Accrued interest receivable 1,264,960 1,387,305
Tax indemnification receivable 15,678 18,492
Derivative instruments 1,054 729
Total earning assets 30,003,459 29,944,158
Interest-bearing liabilities    
Long-term borrowings 4,918,670 5,189,217
Accrued interest payable 79,231 60,272
Derivative instruments 451 287
Total interest-bearing liabilities 27,799,675 27,914,675
Carrying Value | Money-market and savings accounts    
Interest-bearing liabilities    
Deposits 11,907,142 11,067,633
Carrying Value | Certificates of deposit    
Interest-bearing liabilities    
Deposits 10,894,181 11,597,266
Private Education Loans    
Earning assets    
Loans held for investment, net, difference 3,256,987 3,687,203
Private Education Loans | Fair Value    
Earning assets    
Loans held for investment, net 22,889,920 22,124,171
Private Education Loans | Carrying Value    
Earning assets    
Loans held for investment, net 19,632,933 18,436,968
FFELP Loans    
Earning assets    
Loans held for investment, net, difference 13,279 13,449
FFELP Loans | Fair Value    
Earning assets    
Loans held for investment, net 738,579 748,657
FFELP Loans | Carrying Value    
Earning assets    
Loans held for investment, net 725,300 735,208
Credit Cards    
Earning assets    
Loans held for investment, net, difference 1,278 1,282
Credit Cards | Fair Value    
Earning assets    
Loans held for investment, net 11,332 12,249
Credit Cards | Carrying Value    
Earning assets    
Loans held for investment, net $ 10,054 $ 10,967