CONSENT OF INDEPENDENT AUDITORS



We consent to the incorporation by reference in Post-Effective Amendment No.
42 to the Registration Statement of Franklin High Income Trust on Form N-1A,
File No. 2-30203 of our report dated July 10, 2000, on our audit of the
financial statements and financial highlights of Franklin High Income Trust,
which report is included in the Annual Report to Shareholders for the year
ended May 31, 2000 filed with the Securities and Exchange Commission pursuant
to section 30(d) of the Investment Company Act of 1940, which is incorporated
by reference in the Registration Statement. We also consent to the reference
to our firm under the captions "Financial Highlights" and "Auditor."




                              /s/ PricewaterhouseCoopers LLP


San Francisco, California
September 27, 2000