KEMPER HIGH YIELD SERIES
485BPOS, EX-99.J, 2000-12-29
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                                                                     Exhibit (j)

                         CONSENT OF INDEPENDENT AUDITORS


We  consent  to  the  reference  to  our  firm  under  the  captions  "Financial
Highlights" and "Independent  Auditors and Reports to  Shareholders"  and to the
use of our reports dated  November 15, 2000 and November 16, 2000 for the Kemper
High Yield Fund and Kemper High Yield  Opportunity  Fund,  respectively,  in the
Registration  Statement  (Form  N-1A) of  Kemper  High  Yield  Series  and their
incorporation by reference in the related prospectus and statement of additional
information  of Kemper  Income  Funds  filed with the  Securities  and  Exchange
Commission in this Post-Effective Amendment No. 41 to the Registration Statement
under the Securities Act of 1933 (File No. 2-60330) and in this Amendment No. 41
to the Registration Statement under the Investment Company Act of 1940 (File No.
811-2786).




                                                       /s/ ERNST & YOUNG LLP
                                                       ERNST & YOUNG LLP




Chicago, Illinois
December 22, 2000



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