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Earnings per Common Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Numerator:        
Net income $ 342,073 $ 140,201 $ 470,885 $ 781,408
Preferred stock dividends 1,757 1,192 3,032 2,393
Net income attributable to SLM Corporation common stock 340,316 139,009 467,853 779,015
Net income attributable to SLM Corporation common stock $ 340,316 $ 139,009 $ 467,853 $ 779,015
Denominator:        
Weighted average shares used to compute basic EPS (in shares) 261,333 312,183 269,112 336,478
Effect of dilutive securities:        
Dilutive effect of stock options, restricted stock, restricted stock units, performance stock units and Employee Stock Purchase Plan (“ESPP”) (in shares) 2,789 4,936 3,231 5,066
Weighted average shares used to compute diluted EPS (in shares) 264,122 317,119 272,343 341,544
Basic earnings per common share (in dollars per share) $ 1.30 $ 0.45 $ 1.74 $ 2.32
Diluted earnings per common share (in dollars per share) $ 1.29 $ 0.44 $ 1.72 $ 2.28
Antidilutive securities excluded from computation of earnings per share (in shares) 2,000 1,000 1,000 1,000