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Earnings (Loss) per Common Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Numerator:        
Net income (loss) $ 135,850 $ (45,152) $ 511,662 $ 496,772
Preferred stock dividends 3,994 4,648 11,922 13,929
Net income (loss) attributable to SLM Corporation common stock 131,856 (49,800) 499,740 482,843
Net income (loss) attributable to SLM Corporation common stock $ 131,856 $ (49,800) $ 499,740 $ 482,843
Denominator:        
Weighted average shares used to compute basic EPS (in shares) 207,144 214,873 209,023 218,059
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) 3,463 0 3,899 3,494
Weighted average shares used to compute diluted EPS (in shares) 210,607 214,873 212,922 221,553
Basic earnings per common share (in dollars per share) $ 0.64 $ (0.23) $ 2.39 $ 2.21
Diluted earnings per common share (in dollars per share) $ 0.63 $ (0.23) $ 2.35 $ 2.18
Antidilutive securities excluded from computation of earnings per share (less than) (in shares) 1,000 6,000 1,000 1,000