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Borrowings - Narrative (Details) - USD ($)
6 Months Ended 12 Months Ended
May 24, 2023
Mar. 15, 2023
Jun. 30, 2023
Jun. 30, 2023
Jun. 30, 2023
Dec. 31, 2022
May 16, 2023
Line of Credit Facility [Line Items]              
Estimated weighted average life of student loans     5 years     5 years  
Vertical risk retention interest       5.00% 5.00%    
Uncommitted federal funds     $ 125,000,000 $ 125,000,000 $ 125,000,000    
Lendable value of collateral     1,700,000,000 1,700,000,000 1,700,000,000 $ 2,200,000,000  
ABCP borrowings | Secured Borrowings              
Line of Credit Facility [Line Items]              
Secured borrowing facility maximum borrowing capacity             $ 2,000,000,000
Residual interest percentage of facility trust             100.00%
Secured borrowings outstanding     0 0 0 $ 0  
2023-A              
Line of Credit Facility [Line Items]              
Private education loan term accounted for as a secured financing   $ 579,000,000          
Loans sold to third parties   $ 579,000,000          
Ownership interest percentage on asset-backed financing   100.00%          
Unsecured debt issued   $ 572,000,000          
Estimated weighted average life of student loans   5 years 21 days          
Loans pledged as collateral     625,000,000 625,000,000 625,000,000    
Principal amount of collateral     581,000,000 581,000,000 581,000,000    
Capitalized interest     $ 44,000,000 $ 44,000,000 $ 44,000,000    
2023-A | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate              
Line of Credit Facility [Line Items]              
Basis spread on variable rate   1.53%          
2023-B              
Line of Credit Facility [Line Items]              
Vertical risk retention interest       5.00%      
2023-B | Student Loan              
Line of Credit Facility [Line Items]              
Private education loans sold $ 2,000,000,000            
Additional proceeds from sale 105,000,000            
Gain on sale $ 5,000,000