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Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Numerator:                      
Net income $ 168,443 $ 29,365 $ 265,065 $ 118,518 $ (77,043) $ 75,172 $ 342,073 $ 128,812 $ 581,391 $ 469,014 $ 1,160,513
Preferred stock dividends 4,726 4,642 4,274 4,063 3,466 2,531 1,757 1,275 17,705 9,029 4,736
Net income attributable to SLM Corporation common stock, diluted 163,717 24,723 260,791 114,455 (80,509) 72,641 340,316 127,537 563,686 459,985 1,155,777
Net income attributable to SLM Corporation common stock, basic $ 163,717 $ 24,723 $ 260,791 $ 114,455 $ (80,509) $ 72,641 $ 340,316 $ 127,537 $ 563,686 $ 459,985 $ 1,155,777
Denominator:                      
Weighted average shares used to compute basic EPS (in shares)                 231,411 258,439 314,993
Effect of dilutive securities:                      
Dilutive effect of stock options, restricted stock, restricted stock units and Employee Stock Purchase Plan (ESPP) (in shares)                 2,652 3,064 4,919
Weighted average shares used to compute diluted EPS (in shares)                 234,063 261,503 319,912
Basic earnings per common share (in usd per share) $ 0.73 $ 0.11 $ 1.11 $ 0.47 $ (0.33) $ 0.29 $ 1.30 $ 0.46 $ 2.44 $ 1.78 $ 3.67
Diluted earnings per common share (in usd per share) $ 0.72 $ 0.11 $ 1.10 $ 0.47 $ (0.33) $ 0.29 $ 1.29 $ 0.45 $ 2.41 $ 1.76 $ 3.61
Antidilutive securities excluded from computation of earnings per share (in shares)                 1,000 1,000 1,000