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Borrowings - Additional Information (Details) - USD ($)
1 Months Ended 3 Months Ended
Feb. 17, 2021
Feb. 09, 2021
Mar. 31, 2020
Mar. 31, 2021
Dec. 31, 2020
Line of Credit Facility [Line Items]          
Short-term borrowings       $ 0 $ 0
Vertical risk retention interest   5.00% 5.00% 5.00%  
Unsecured offering issued         1,343,000,000
Uncommitted federal funds       $ 125,000,000  
Lendable value of collateral       3,200,000,000 3,800,000,000
Student Loan          
Line of Credit Facility [Line Items]          
Private education loans sold   $ 2,500,000,000      
Additional net proceeds from sales of loans held for investment, capitalized interest   130,000,000      
Gain on sale   $ 18,000,000      
Unsecured borrowings          
Line of Credit Facility [Line Items]          
Short-term borrowings       0 0
Commercial Paper | ABCP borrowings          
Line of Credit Facility [Line Items]          
Private asset backed commercial paper education loan funding facility $ 2,000,000,000        
Ownership interest percentage in residual interest in ABCP facility 100.00%        
Short-term borrowings       $ 0 $ 0