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Borrowings - Additional Information (Details) - USD ($)
1 Months Ended 9 Months Ended 12 Months Ended
Aug. 18, 2021
Jul. 30, 2021
May 27, 2021
May 19, 2021
Feb. 09, 2021
Mar. 31, 2020
Sep. 30, 2021
Dec. 31, 2020
Line of Credit Facility [Line Items]                
Short-term borrowings             $ 199,583,000 $ 0
Estimated weighted average life of student loans             4 years 8 months 12 days 5 years 4 months 24 days
Vertical risk retention interest           5.00% 5.00%  
Uncommitted federal funds             $ 125,000,000  
Lendable value of collateral             2,700,000,000 $ 3,800,000,000
2021-B                
Line of Credit Facility [Line Items]                
Principal Amount Outstanding on Loans Held-for-sale or Securitization or Asset-backed Financing Arrangement       $ 531,000,000        
Loans sold to third parties       $ 531,000,000        
Ownership interest percentage       100.00%        
Proceeds from Issuance of Unsecured Debt       $ 529,000,000        
Estimated weighted average life of student loans       4 years 3 months 3 days        
Loans pledged as collateral             521,000,000  
Principal amount of collateral             484,000,000  
Capitalized interest             37,000,000  
2021-B | London Interbank Offered Rate (LIBOR)                
Line of Credit Facility [Line Items]                
Basis spread on variable rate       0.77%        
2021-D                
Line of Credit Facility [Line Items]                
Principal Amount Outstanding on Loans Held-for-sale or Securitization or Asset-backed Financing Arrangement $ 527,000,000              
Loans sold to third parties $ 527,000,000              
Ownership interest percentage 100.00%              
Proceeds from Issuance of Unsecured Debt $ 525,000,000              
Estimated weighted average life of student loans 4 years 2 months 19 days              
Loans pledged as collateral             539,000,000  
Principal amount of collateral             501,000,000  
Capitalized interest             38,000,000  
2021-D | London Interbank Offered Rate (LIBOR)                
Line of Credit Facility [Line Items]                
Basis spread on variable rate 0.69%              
2021-A                
Line of Credit Facility [Line Items]                
Vertical risk retention interest         5.00%      
2021-A | Student Loan                
Line of Credit Facility [Line Items]                
Private education loans sold         $ 2,500,000,000      
Additional net proceeds from sales of loans held for investment, capitalized interest         130,000,000      
Gain on sale         $ 18,000,000      
2021-C                
Line of Credit Facility [Line Items]                
Vertical risk retention interest     5.00%          
2021-C | Student Loan                
Line of Credit Facility [Line Items]                
Private education loans sold     $ 505,000,000          
Additional net proceeds from sales of loans held for investment, capitalized interest     27,000,000          
Gain on sale     $ 4,000,000          
Commercial Paper | ABCP borrowings                
Line of Credit Facility [Line Items]                
Private asset backed commercial paper education loan funding facility   $ 2,000,000,000            
Ownership interest percentage in residual interest in ABCP facility   100.00%            
Short-term borrowings             $ 0 $ 0