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Loans Held for Investment - Additional Information (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Dec. 31, 2019
Jul. 01, 2006
Jun. 30, 2006
Sep. 30, 1993
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Percent of private loans indexed to LIBOR 54.00%   55.00%        
Tier 1 of government guarantee (at least) 97.00%       97.00%    
Tier 2 of government guarantee           98.00%  
Tier 3 of government guarantee             100.00%
Gain from sale $ 399,111 $ 238,935          
Proceeds from sale of loans receivable 3,160,000            
Net proceeds from sales of loans held for investment, principal 2,970,000            
Net proceeds from sales of loans held for investment, capitalized interest $ 193,000            
Estimated weighted average life of student loans 4 years 7 months 6 days   5 years 4 months 24 days        
Allowance for credit losses on loans and leases $ 1,179,021 1,673,324 $ 1,361,723 $ 441,912      
Interest rate reduction 4.00%            
Interest rate offered to borrowers facing financial difficulty 4.00%            
Interest rate offered to borrowers facing financial difficulty, period 2 years            
Loans currently in repayment status that were subject to interest rate reductions 8.10%   7.80%        
Minimum              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Loans expected to have accelerated default rates and increases to loan life 4.00%            
Maximum              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Interest rate offered to borrowers facing financial difficulty 4.00%            
Loans expected to have accelerated default rates and increases to loan life 14.00%            
Private Education Loan, Extended Loan              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Allowance for credit losses on loans and leases $ 784,000            
Personal Loans              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Allowance for credit losses on loans and leases   $ 152,673   $ 65,877