This document proposes a vertical cavity surface emitting terahertz laser based on polariton lasers. A two-photon absorption process is used to excite a 2p exciton state, which then populates the 1s polariton state via THz transition. The population of the 1s state then stimulates additional THz transitions. Simulations show that the THz emission rate increases at the polariton lasing threshold, and that the 1s population increases exponentially above threshold. A hybrid GaN/GaAs design is proposed that could operate at room temperature without doping and emit both blue and red light to indicate THz emission.