Here in Miami, Thursday is college night at the Grove, thats the area that most of the bars are at... south beach i think also has college night (not sure) but almost every college in Miami (FIU, UM, MDCC) all go to the grove..
SOOOO Most everyone schedules their classes so they dont have classes on Friday...BUT if you get stuck and have no other choice, it is usually best to have afternoon or later classes so you can sleep late in the day go to class in the afternoon and be done in time to go out again.
I havent participated in a Thursday college night in a while

but thats cause I have lotsa work to do at the elementary school all day on Fridays