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Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Numerator:      
Net income $ 608,325 $ 581,391 $ 469,014
Preferred stock dividends 18,296 17,705 9,029
Net income attributable to SLM Corporation common stock, diluted 590,029 563,686 459,985
Net income attributable to SLM Corporation common stock, basic $ 590,029 $ 563,686 $ 459,985
Denominator:      
Weighted average shares used to compute basic EPS (in shares) 216,220 231,411 258,439
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) 3,714 2,652 3,064
Weighted average shares used to compute diluted EPS (in shares) 219,934 234,063 261,503
Basic earnings per common share (in usd per share) $ 2.73 $ 2.44 $ 1.78
Diluted earnings per common share (in usd per share) $ 2.68 $ 2.41 $ 1.76
Antidilutive securities excluded from computation of earnings per share, less than (in shares) 1,000 1,000 1,000