All the time. And almost always in a derogatory sense...people aren't argumentative these days they're psychopaths, or they're not house proud they have OCD. Teenage mood swings have been replaced by bipolar disorder and a bad day is seen as a depressive episode. It's so wrong. Not only does it detract from the real cases of adult/teenage mental illness etc. but it just adds to the stigma in a more subversive way.
There seems to be a tendency to over-exaggerate these days anyway - be it on social media or in the school/working environment. Maybe this is just an extension of that. I'm sure there are people who would argue that to raise awareness there are usually unfortunate draw backs - people aren't afraid to use these words any more, there seems less overall shame but the correct use of these terms needs working on.