Settling Overdue Syracuse NY

I am a student who has gotten into debt from being a student. My question is, I have debt collectors sending me settlement balances, if I pay these balances offered, will this wipe out the debt in full and what kind of marking will appear on my credit report?

Credit Counseling
(212) 777-7377
224 Thompson St
New York, NY
Alexis Kirk & Associates
(212) 572-9997
445 Park Avenue
New York, NY
NY Pawnbrokers Inc
(718) 292-4686
301 E 149th St
New York, NY
Consumer Credit Counseling Service of Buffalo
(716) 712-2060
40 Gardenville Pkwy. W., Ste. 3
Buffalo, NY
MHV Federal Credit Union
(845)-336-4444, ext. 2903
5 Wingate Way
Highland, NY
Oneida Savings Bank
315-363-2000
182 Main Street
Oneida, NY
American Credit Alliance Inc
(718) 727-0711
37 E 56th St
Brooklyn, NY
ACCESS Federal Credit Union
(315) 366-9840
2094 Glenwood Plaza
Oneida, NY
Provident Bank
845-294-8353
60 Matthews Street
Goshen, NY
Riverside Bank
(845) 454-5511
11 Garden Street
Poughkeepsie, NY