Which is more beneficial?

Which would be more beneficial?

This: Push on mondays, pull on tuesdays, legs on wednesdays, then start over the next monday.

Or this: Push and legs monday, then pull tuesday, the push and legs on wednesday, then pull on thursday.

I'm thinking the second one wouldn't really work because it's not enough rest? Only thing about the first one is that i'm only working each muscle groups once a week; is that enough? The reason i would have to do it like this is i go to the gym at my college, but i only have class monday through thursday, so that's when i can go to the gym. I could go on days i don't have class but my school is an hour away from my house so i don't think im' gonna do that. Any suggestions? Also if you can think of a better routine for monday through thursday, let me know!
 
On the first workout I'd have Mon-legs, Tue-push and Thu-pull to give yourself more of a rest. I think the second routine would be overdoing it. You could try the old and proven whole body routine twice a week which would look like:

Day 1 - Monday
(Legs) Squat - 5x5
(Push) Dips - 3x8
(Pull) Barbell row - 3x8

Day 2 - Thursday
(Legs) Deadlift - 5x5
(Push) Military press - 3x8
(Pull) Chin ups - 3x8
 
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