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Allowance for Loan Losses - Allowance for Credit Losses and Recorded Investments in Loans (Detail) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Allowance for Loan Losses        
Beginning balance $ 744 $ 920 $ 832 $ 1,022
Provision:        
Total provision 14 11 26 (3)
Charge-offs:        
Gross charge-offs (87) (92) (207) (198)
Expected future recoveries on current period gross charge-offs 10 11 21 24
Net charge-offs (77) (81) (186) (174)
Decrease in expected future recoveries on previously fully charged-off loans 6 7 15 12
Allowance at end of period 687 857 687 857
FFELP Loans [Member]        
Allowance for Loan Losses        
Beginning balance 206 214 215 222
Provision:        
Total provision (2) 5 (1) 15
Charge-offs:        
Gross charge-offs (10) (19) (20) (37)
Expected future recoveries on current period gross charge-offs 0 0 0 0
Net charge-offs (10) (19) (20) (37)
Decrease in expected future recoveries on previously fully charged-off loans 0 0 0 0
Allowance at end of period $ 194 $ 200 $ 194 $ 200
Net charge-offs as a percentage of average loans in repayment (annualized) 0.14% 0.22% 0.14% 0.22%
Ending total loans $ 33,134 $ 41,051 $ 33,134 $ 41,051
Average loans in repayment 27,509 33,790 28,622 34,046
Ending loans in repayment 26,411 33,076 26,411 33,076
Private Education Loans [Member]        
Allowance for Loan Losses        
Beginning balance 538 706 617 800
Provision:        
Total provision 16 6 27 (18)
Charge-offs:        
Gross charge-offs (77) (73) (187) (161)
Expected future recoveries on current period gross charge-offs 10 11 21 24
Net charge-offs (67) (62) (166) (137)
Decrease in expected future recoveries on previously fully charged-off loans 6 7 15 12
Allowance at end of period $ 493 $ 657 $ 493 $ 657
Net charge-offs as a percentage of average loans in repayment (annualized) 1.65% 1.39% 2.03% 1.51%
Ending total loans $ 16,731 $ 18,389 $ 16,731 $ 18,389
Average loans in repayment 16,271 17,990 16,471 18,270
Ending loans in repayment $ 16,087 $ 17,720 $ 16,087 $ 17,720