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Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Numerator:                      
Net income $ 306,265 $ 72,840 $ 140,201 $ 641,207 $ 432,700 $ 171,028 $ (85,211) $ 362,173 $ 1,160,513 $ 880,690 $ 578,276
Preferred stock dividends 1,177 1,166 1,192 1,201 1,734 2,058 2,478 3,464 4,736 9,734 16,837
Net income (loss) attributable to SLM Corporation common stock 305,088 71,674 139,009 640,006 430,966 168,970 (87,689) 358,709 1,155,777 870,956 561,439
Net income attributable to SLM Corporation common stock $ 305,088 $ 71,674 $ 139,009 $ 640,006 $ 430,966 $ 168,970 $ (87,689) $ 358,709 $ 1,155,777 $ 870,956 $ 561,439
Denominator:                      
Weighted average shares used to compute basic EPS (in shares)                 314,993,000 383,705,000 427,292,000
Effect of dilutive securities:                      
Dilutive effect of stock options, restricted stock, restricted stock units and Employee Stock Purchase Plan (ESPP) (in shares)                 4,919,000 3,490,000 3,382,000
Weighted average shares used to compute diluted EPS (in shares)                 319,912,000 387,195,000 430,674,000
Basic earnings per common share (in usd per share) $ 1.06 $ 0.24 $ 0.45 $ 1.77 $ 1.15 $ 0.45 $ (0.23) $ 0.88 $ 3.67 $ 2.27 $ 1.31
Diluted earnings per common share (in usd per share) $ 1.04 $ 0.24 $ 0.44 $ 1.75 $ 1.13 $ 0.45 $ (0.23) $ 0.87 $ 3.61 $ 2.25 $ 1.30
Antidilutive securities excluded from computation of earnings per share (in shares)                 1,000,000 0 0