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?

Allstate Merchant Services
(917) 687-3359
40 Rector Street
New York, NY
 
NuMony Technologies Inc.
(845) 431-9003
2600 South Rd. Suite 44-25
Poughkeepsie, NY
 
GPO Federal Credit Union
(315) 363-8029
1000 Oneida Plaza Dr
Oneida, NY
 
The Leaders Edge
(212) 687-6075
369 Lexington Avenue
New York, NY
 
MHV Federal Credit Union
(845)-336-4444, ext. 2903
5 Wingate Way
Highland, NY
 
Lower East Side People's Federal Credit Union
(212) 529-8197
37 Avenue B
New York, NY
 
IBM Metro Employees Federal Credit Union
(718) 361-1002
29-21 Queens Plaza North
Long Island City, NY
 
Affordable Legal Centers LLC
(585) 377-6890
45 Exchange Blvd Suite 713
Rochester, NY
 
Riverside Bank
(845) 454-5511
11 Garden Street
Poughkeepsie, NY
 
Budget & Credit Counseling Svce
(718) 295-1313
55 5th Ave
New York, NY