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Borrowings - Narrative (Details) - USD ($)
9 Months Ended 12 Months Ended
Aug. 16, 2023
May 24, 2023
Mar. 15, 2023
Sep. 30, 2023
Sep. 30, 2023
Sep. 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       1,600,000,000 1,600,000,000 1,600,000,000 $ 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       609,000,000 609,000,000 609,000,000    
Principal amount of collateral       563,000,000 563,000,000 563,000,000    
Capitalized interest       46,000,000 46,000,000 46,000,000    
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-C                
Line of Credit Facility [Line Items]                
Private education loan term accounted for as a secured financing $ 568,000,000              
Loans sold to third parties $ 568,000,000              
Ownership interest percentage on asset-backed financing 100.00%              
Unsecured debt issued $ 568,000,000              
Estimated weighted average life of student loans 4 years 11 months 4 days              
Loans pledged as collateral       637,000,000 637,000,000 637,000,000    
Principal amount of collateral       590,000,000 590,000,000 590,000,000    
Capitalized interest       $ 47,000,000 $ 47,000,000 $ 47,000,000    
2023-C | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                
Line of Credit Facility [Line Items]                
Basis spread on variable rate 1.69%              
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