Hi, Easton.
96kHz and 192kHz are, in this case, sampling frequencies. To create digital audio, an electrical signal, such as from a microphone, is measured at time intervals. The list of numbers created by measuring at intervals becomes a digital representation of what the signal looked like. Information between the samples is lost. This begs the question, "How much loss is acceptable?"
By signal processing theory, you can accurately represent about half the sampling frequency. So to cover the audible frequency range, 44.1kHz is adequate.
Great arguments are made for using higher sampling rates, usually based on subjective opinions. However, physics, math, and physiology do not support the need to sample at higher frequencies. But, hey, if it sounds better to you, go for it!