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Borrowings - Long Term Borrowings Narrative (Details) - USD ($)
12 Months Ended
Aug. 09, 2022
Nov. 09, 2021
Nov. 01, 2021
Aug. 18, 2021
May 19, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Aug. 31, 2022
Nov. 30, 2021
Aug. 31, 2021
May 31, 2021
Oct. 29, 2020
Debt Instrument [Line Items]                          
Total Issued           $ 575,000,000 $ 1,592,000,000            
Unsecured debt issued           $ 0 $ 492,135,000 $ 495,000,000          
Estimated weighted average life of student loans           5 years 4 years 8 months 12 days            
Senior Unsecured Notes Due October 29, 2025 | Unsecured Debt                          
Debt Instrument [Line Items]                          
Total Issued           $ 496,000,000             $ 500,000,000
Interest rate                         4.20%
Senior Unsecured Notes Due November 2, 2026 | Unsecured Debt                          
Debt Instrument [Line Items]                          
Total Issued     $ 500,000,000     493,000,000              
Interest rate     3.125%                    
Issuance price     99.43%                    
SMB Private Education Loan Trust 2022-C                          
Debt Instrument [Line Items]                          
Total Issued                 $ 575,000,000        
Private education loan term accounted for as a secured financing $ 575,000,000                        
Loans sold to third parties $ 575,000,000                        
Ownership interest percentage on asset-backed financing 100.00%                        
Unsecured debt issued $ 575,000,000                        
Estimated weighted average life of student loans 4 years 8 months 8 days                        
Loans pledged as collateral           635,000,000              
Principal amount of collateral           597,000,000              
Capitalized interest           38,000,000              
SMB Private Education Loan Trust 2022-C | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                          
Debt Instrument [Line Items]                          
Basis spread on variable rate 1.76%                        
2021-B                          
Debt Instrument [Line Items]                          
Total Issued                       $ 531,000,000  
Private education loan term accounted for as a secured financing         $ 531,000,000                
Loans sold to third parties         531,000,000                
Unsecured debt issued         $ 529,000,000                
Estimated weighted average life of student loans         4 years 3 months 3 days                
Loans pledged as collateral           410,000,000              
Principal amount of collateral           389,000,000              
Capitalized interest           21,000,000              
Ownership interest percentage on asset-backed financing         100.00%                
2021-B | London Interbank Offered Rate (LIBOR)                          
Debt Instrument [Line Items]                          
Basis spread on variable rate         0.77%                
2021-D                          
Debt Instrument [Line Items]                          
Total Issued                     $ 527,000,000    
Private education loan term accounted for as a secured financing       $ 527,000,000                  
Loans sold to third parties       527,000,000                  
Unsecured debt issued       $ 525,000,000                  
Estimated weighted average life of student loans       4 years 2 months 19 days                  
Principal amount of collateral           403,000,000              
Capitalized interest           22,000,000              
Ownership interest percentage on asset-backed financing       100.00%                  
Loans           425,000,000              
2021-D | London Interbank Offered Rate (LIBOR)                          
Debt Instrument [Line Items]                          
Basis spread on variable rate       0.69%                  
2021-E                          
Debt Instrument [Line Items]                          
Total Issued                   $ 534,000,000      
Private education loan term accounted for as a secured financing   $ 534,000,000                      
Loans sold to third parties   534,000,000                      
Unsecured debt issued   $ 532,000,000                      
Estimated weighted average life of student loans   4 years 1 month 24 days                      
Principal amount of collateral           416,000,000              
Capitalized interest           23,000,000              
Ownership interest percentage on asset-backed financing   100.00%                      
Loans           439,000,000              
2021-E | London Interbank Offered Rate (LIBOR)                          
Debt Instrument [Line Items]                          
Basis spread on variable rate   0.69%                      
ABS Transactions                          
Debt Instrument [Line Items]                          
Private education loan term accounted for as a secured financing               $ 8,210,000,000          
Private Education Loans                          
Debt Instrument [Line Items]                          
Private education loan term accounted for as a secured financing           3,750,000,000              
Principal amount of collateral           3,630,000,000              
Capitalized interest           $ 120,000,000