Student Loan Strategies for People With ADHD

October is ADHD Awareness Month and the 2016 theme is “Knowing is Better.” So we’re going to talk about knowing the best way to keep your student loans under control using accommodations to maximize your chances for success.

ADHD is a brain syndrome that has impairs the functioning of what are called “executive functioning skills.” Those include attention, concentration, memory, motivation and effort, learning from mistakes, impulsivity, hyperactivity, organization, and social skills.

Two-thirds of children with ADHD continue to grapple with the condition throughout adulthood. Of the 6.4 million children diagnosed with ADHD, nearly 4 1/2 million will remain part of their lives forever.

ADHD also affects about nine million adults in the United States. Adults with ADHD have a limited ability to stay on task at work, have difficulty concentrating on what others were saying, following through on tasks, completing projects, or maintaining organization at home and at work.

They are less able to get along with others at work and in social situations, suffer from relationship problems, and often feel like failures. They are more prone to depression, anxiety disorders, drug and alcohol addiction, divorce and suicide.
When it comes to money, adults with ADHD are more likely to file for bankruptcy, fall into foreclosure, have greater credit card debt, and go through more prolonged periods of unemployment.

On today’s show, I’ll go through my top strategies to help you successfully manage your student loans if you have ADHD.

Self-Screener for ADHD

Many adults have been living with Attention-Deficit/Hyperactivity Disorder and don’t recognize it because its symptoms are often mistaken for a stressful life.

The World Health Organization developed a self-screener to be used as a starting point to help you recognize the signs/symptoms of Adult ADHD. you can find a link to that screener on our site as well.

It is not meant to replace consultation with a trained healthcare professional. An accurate diagnosis can only be made through a clinical evaluation. Regardless of the questionnaire results, if you have concerns about diagnosis and treatment of Adult ADHD, please discuss your concerns with your physician.

Resources

Adult ADHD Self-Report Scale (ASRS-v1.1) Symptom Checklist Instructions

CHADD: The National Resource on ADHD

American Academy of Child & Adolescent Psychiatry – ADHD Resource Center

National Resource Center on ADHD

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