I many have gotten ahead of myself. After checking into it a bit more you are probably correct. Itunes can RIP a CD at 320kbs. Sorry about that. I was equating "Import" with "Itunes". I need more sleep. Anyway procedure is listed below for anyone interested.

In your Itunes Interface, click on "Edit" on your upper left corner. Then select "preferences". Click on the "advanced" tab. Click on "importing" tab.
On setting click on "Custom" and scroll on down to 320kbs.

Also, it is interesting to note that in that same menu you can select the encoder you want to use. It is default to ACC Encoder, but there is a selection for MP3 and WAV encoders. Not sure if that is the actual file type or just how it comes into the computer. I may fool around with some of the weekly "free" files to see if it affects the file type that I receive.